Why Falling Home Prices Could Be a Good Thing
New York Times
By Conor Dougherty –
Suppose there were a way to pump up the economy, reduce inequality and put an end to destructive housing bubbles like the one that contributed to the Great Recession. The idea would be simple, but not easy, requiring a wholesale reframing of the United States economy and housing market. The solution: Americans, together and all at once, would have to stop thinking about their homes as an investment.
About author
You might also like
The Return of the First-Time Buyer
Homebuilders are reporting that they are seeing more activity from first-time buyers now than in the earlier part of the housing recovery. While the first phase of the recovery was
Millennials Want to Own Homes Too, If U.S. Economy Would Consent
Kelsey Marshall and her boyfriend Chris Eidam, both 27 years old, call the home-buying process “terrifying.” But they’re clear about one thing: It beats the heck out of renting.
Sluggish Sales Volume
Sales volume for new and existing homes continues to struggle to find upward momentum. With investors leaving the market in the face of high prices and “normal” buyers still struggling