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Vitaliy Katsenelson - Soul In The Game

The Business Brew

CHAPTER

Is the Housing Cycle the Business Cycle?

Housing is so important to the economy, it's going to be tough if housing slows materially. The house in market is a very different animal than the markes unidois on daily basis. People get anchored to the last price they saw, and it takes them a long time before they say, i have to lower the price.

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