30.01.2012 - The next U.S. housing market bailout
Why are housing prices falling when the number of houses on the market continues to decline? Usually, when supply shrinks, then prices rise, right? So, why isnít that happening now? The reason is that housing market never completely cleared, which is to say that the Fedís interventions and the manipulation of inventory by the banks prevented the market from finding a bottom...............................................Full Article: Source
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