housing

Recovery?  What recovery?

Recovery? What recovery?

Every few months, we are reminded that the economic recovery has been anemic up to now, but next year, it will be different.  In case you missed it, over at the NYT’s Upshot, Neil Irwin took a look at the latest trends in housing and provided a sobering corrective to this conventional optimism: The number […]

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Is the Global Economy a Champagne Economy?

Is the Global Economy a Champagne Economy?

That is, is it full of bubbles?  According to a recent Washington Post article, Nouriel Roubini , the famous Dr. Doom, thinks so: . . . . Roubini’s argument boils down to this: The major economies have been growing only slowly. Yet with low interest rates and aggressive central bank action across the globe, there […]

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New Report:  Home Ownership Will Remain Important to US Economy

New Report: Home Ownership Will Remain Important to US Economy

Newgeography just released a new report on the future of the American housing market: . . . [Media] reports of foreclosed housing in suburban tracts, particularly in the exurban reaches of major metropolitan areas, led to widespread reports of the “death of suburbia” and the imminent rise of a new, urban-centric “generation rent.” Yet despite […]

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The Latest Word on the Housing Market

The Latest Word on the Housing Market

Yikes! That pretty much sums up the latest from the Wall Street Journal: Home values posted the largest decline in the first quarter since late 2008, prompting many economists to push back their estimates of when the housing market will hit a bottom. Home values fell 3% in the first quarter from the previous quarter […]

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