TITLE

BUILDERS AT CONFERENCE PESSIMISTIC ABOUT ECONOMY

AUTHOR(S)
Smith, Hubble
PUB. DATE
February 2009
SOURCE
Las Vegas Business Press (10712186);2/2/2009, Vol. 26 Issue 5, pP20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article announces that David Crow of the National Association of Home Builders preempted public celebration at the International Builders Show in Las Vegas, Nevada by stating his negative views on the housing and economic outlook. His statements are based on reports that house construction dropped to its lowest total since 1945 to only 441,000 in 2008. In addition to this, he stated that interest rates are at a 40-year low while house rates are at its highest since the 1970s.
ACCESSION #
40537954

 

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