| 23.05.2011 - American housing: A healthy bust |
| Just as busts follow booms, booms are supposed to follow busts. But there has been no boom, not even a boomlet, to light a candle in the gloom of the housing collapse. Many economists thought that a recovery from the real-estate meltdown that started in 2007 would be well on its way by 2011. The unhappiness is understandable. But some extension of this pain would not be a terrible thing in the long run..............................................Full Article: Source |