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To fix housing, don’t break it, executive says

Posted on 27 June 2012

What’s needed to fix the housing market right now? Maybe nothing, says Re/Max Chief Executive Margaret Kelly. Layering on taxpayer-supported programs could actually do more harm than good, Ms. Kelly said Friday in a wide-ranging speech at a National Association of Real Estate Editors conference in Denver.
“It’s time to stop the artificial stimulators and let the market settle where it needs to settle,” Ms. Kelly said. “I liken it to a doctor, who, if you go in and you’re not feeling well, doesn’t change all five medicines at one time. “……………………………………….Full Article: Source

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