"A lot of young people are going to move back with their parents, a lot of elderly parents will move in with their grown children, a lot of people will have roommates that don’t have them today. Many Americans might rent out rooms in their houses, and so you’re going to have a lot less demand for houses." - in www.voanews.com
Related: Lennar Corporation (NYSE:LEN) ,PulteGroup, Inc. (NYSE:PHM), Toll Brothers, Inc. (NYSE:TOL), iShares Dow Jones US Home Const. (ETF) (NYSE:ITB)
Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.