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Fixing the US housing market

Posted on 07 June 2011

Two years into what’s supposed to be an economic recovery, the US housing market remains on life support. If the housing market isn’t fixed soon, it’s going to drag the rest of the economy down into a hellish bottom that will take years, if not decades, to crawl out of.
The housing market is the United States’ single-most important generator of gross domestic product (GDP) and, ultimately, national wealth. It’s time we fixed what’s broken and implemented new financing and tax strategies to stabilize prices………………………………………Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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