Wednesday, May 23, 2012

The New York Times – “Housing Woes Bring New Cry: Let Market Crash”


“Housing needs to go back to reasonable levels,” said Anthony B. Sanders, a professor of real estate finance at George Mason University. “If we keep trying to stimulate the market, that’s the definition of insanity.”

The further the market descends, however, the more miserable one group — important both politically and economically — will be: the [...]



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