I'm concerned. I don't see any real job growth in our town. Except at
McDonalds, Walmart, etc.
Ponder some additional facts:
Over the past four years consumer spending and residential construction

have together accounted for 90% of the total growth in our GDP. And,
over
two-fifths (2/5) of the private sector jobs were created in the real
estate
and mortgage brokerage sector.
Those jobs were created by inflated real estate prices, low interest
rates and people borowing the (inflated) equity out of their homes and
spending it.
-
Mike