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Account Closed
  • Investor
  • Bakersfield, CA
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4/29/15, Q1 GDP at 0.2% growth - What's Next?

Account Closed
  • Investor
  • Bakersfield, CA
Posted Apr 29 2015, 09:33

Many of you may have seen the news that Q1 GDP was expected to be down from W4 2014, but still expected at 1%. The actual turned out to be 0.2% which is pithy at best.  The drag is being blamed on weather and a strong dollar.  What are your thoughts on this, and how it may affect housing prices for investment, and how it might affect rental rates.