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20 sats \ 5 replies \ @Undisciplined 21 Aug \ on: US Home Sales Rise by 2% in July as Prices Approach Inflection Point econ

300k feds lost their jobs and many will be needing to sell their homes.

If they didn’t account for that, then it makes sense there were more sales than expected.

It also looks like we might just entering a broader real estate downturn.

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42 sats \ 4 replies \ @Coinsreporter OP 21 Aug

300k?? Are you serious? How many feds do the US have in total?

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41 sats \ 3 replies \ @Undisciplined 21 Aug

About 4M, including military.

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42 sats \ 2 replies \ @Coinsreporter OP 21 Aug

And you mean about 75% lost their jobs??
If true it'd gonna impact US economy in a big way.

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20 sats \ 1 reply \ @Undisciplined 21 Aug

You’re off by an order of magnitude. Still, 7.5% is significant.

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42 sats \ 0 replies \ @Coinsreporter OP 21 Aug

I blame Americans for making it difficult... hahha. We count it as 1 lakh, 10, lakhs, 1 crore and then so on...

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