| 22.06.2011 - Housing market defies federal efforts to revive it, weighing the economy down |
| If the U.S. economy were a neighborhood, the housing market would be the Boo Radleys: the one weird neighbor who doesn’t mow his lawn, lets his house fall to pieces and generally drives down resale values for the whole street. Put another way, the slumping housing market is serving as a drag on the broader American economy as it struggles to recover the effects of the Great Recession..............................................Full Article: Source |