CONNECT
Connect
With Us
Our Offices
Bridgehampton Office 631.537.3200
East Hampton Office 631.324.8080
East Hampton Annex 631.324.8080
Greenport Office 631.477.5990
Mattituck Office 631.298.0600
Montauk Office 631.668.0500
Southampton Office 631.283.5800
Westhampton Office 631.288.3030
Get In Touch

Main Content

Housing Will Save Us!

By AgentImage, Wednesday, November 21, 2012
Share This:

So many economists point their fingers at the housing market and cast blame for the entire Great Recession. While the housing bubble may have been a significant contributor, runaway government spending, irrational lending practices and collapsing global economies weighed heavily.

But now there’s one shining star in the sky as we look over the edge of that Fiscal Cliff – it’s housing!

Housing may actually be the savior the U.S. economy needs so badly. Homes sold create jobs, pump money into their local economies, and, most importantly, fosters a sense of the American Dream – home ownership – a major for “feel good”!

Bottom Line All Measurable Housing Statistics Are Up:

  • new home sales up
  • existing home sales up
  • construction up

All unsustainable measures, and all economy stimulators…