Quote:
Originally Posted by fotze
Little early to be saying I told ya so on that, needs to correct a further 80% for those guys to be crying poverty.
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I am not quite at "told you so", but I would like to hear them explain why they think that the market will take an upwards trend again soon. There's no reason for that and things are just starting to get ugly, but in the end it's just my opinion.
With the RE market taking a dump we're looking at a lot of construction people getting laid off, that's not going to help matters since construction workers had as much impact on the local economy as the oilfield industry. Of course that's not looking too hot either.