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ls7550

09/25/15 3:37 PM

#39923 RE: Firebird400 #39922

U.S. 2nd Quarter GDP Grows 3.9%


Hi Firebird. How much of that is down to house price recovery?

Ball park US GDP $18T, housing stock $28T, average imputed rent of 4% = $1.12T which is 16% of total GDP.

Clive