31.08.2011 - Great housing depression of 2008-20??
We're in the middle of a real-estate depression, folks, and it's not getting any better. Perhaps it's good news that the financial markets have gotten used to the bad news out of the housing market, because the bad news keeps coming strong. But if the housing-market woes are an indication of the direction of the economy, we're in sorry shape. And as with a number of questions I've explored recently, it comes down to this: What, if anything, is the Obama administration going to do about it?.............................................Full Article: Source
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