Until Americans feel that their core asset - their homes - are stabilized, they are not going to have the animal spirits and they will continue to have less buying power.
Sentiment: NEGATIVE
Human beings are going to be relying on natural resources for a long time.
Our economy isn't going to recover until the housing market finds its footing.
It is time to move on. House prices won't rise and the economy won't fully engage until more distressed properties are resolved and put back into ordinary use.
If the people of America do not rise up, take ownership of our country, we're going to lose it forever.
More Americans own their home than ever before. Nearly 70 percent of American's are homeowners. So it is a good time for us to asses the positive impacts of homeownership on families, communities and on the nation's economy.
We've got to get things done. We've got an economy that is stabilized, but not moving ahead.
We have a renewed energy and vigor in our supporters and we are no longer so frightened about the future.
I think the big force is going to be consumer buying power.
Now, in the space of a year, we've spent 450 percent more for power than we did the year before, and bought essentially the same amount of power. This year, that number's likely to go up. That can't go on forever and have us continue to be the economic engine for America.
The first thing I feel like we have the potential to do is to deliver to consumers more roots to their home.
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