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4min chapter
The biggest mistake the Fed can make right now
Wall Street Unplugged - What's Really Moving These Markets
Introduction
Frank Kurz: All home builders are pretty effed up. He says he got thrown into the fire when his construction loan turned over to a traditional mortgage. "They promised, hey, we're going to do all this stuff right away," but it took another three months for him to move in and get things done. 'I definitely recommend for you guys build a house every day because they try to get a cut corner'
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