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Reply to "Is there going to be panic selling?"
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[quote=Anonymous][quote=Anonymous]Between mass RIFs of feds and mass cuts with contractors, there is no way the local economy, including the RE market, won’t be impacted. It may take a year or so to see the full impacts, but there will be change.[/quote] I think its going to be sooner than a year as many high income live pay check to pay check but hopefully they will find a way to hold onto their house. But, unemployment will go sky high and spending will go down which will kill local and other busineses.[/quote]
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