Tuesday, June 2, 2009

Detroit layoffs threaten housing-market recovery

http://money.cnn.com/2009/06/02/real_estate/plant_closing_hurt_home_sales/index.htm?postversion=2009060214

What is this item about? The plant closings may delay the nascent Detroit rebound and hurt other Midwestern housing markets. Some realtors see positive signs if this is rock bottom.

Why did you choose it? i chose this article because i wanted to see how bad the layoffs would threaten the housing market.

Do you agree what happen in the item? yes i agree with this article that the layoffs that detroit is planning to do which consist of closing 14 plants and 3 warehouses is going realy hurt the housing market

Do you think the information was presented fairly? yes i agree it was presented fairly

Would you use this source again? yes i would , i beleive that cnn presents better than any other news source

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