Economist call for 20-30% price declines in the most overheated housing markets and for government-held Fannie Mae and Freddie Mac to restrict mortgage lending. by reddit
“While builders and Realtors are lobbying for Congress to boost housing demand � and prices � by offering interest rate subsidies and tax credits for home purchases, a new report from the Center for Economic and Policy Research outlines an approach to stabilize home prices by bringing them down further.” source...
Loading...