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July housing starts down 11 percent
reuters.com — WASHINGTON (Reuters) - Home building projects started in July fell 11 percent to the lowest annual rate in more than 17 years, while building permits tumbled 17.7 percent, the Commerce Department reported on Tuesday. The annual pace of housing...
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- wrmjr, on 08/19/2008, -0/+1The building permits number is particularly worrisome...we don't seem to have hit a bottom yet. I'm sure all we have to do is make the Bush tax-cuts permanent to solve everything
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