August 17, 2011

Housing and Jobs Are Intertwined in a Death Spiral

Calculated Risk, Calculated Risk

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TAGGED: Unemployment, Housing


House flipping’s status as an aspirational American pastime took some hits during the recession but, like disco or SUVs, it has never gone extinct. On the contrary, it is back with a vengeance. Cable TV shows glorify expert... more »
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U.S. housing prices are being stabilized by one of the main factors that enabled the formation of the bubble in U.S. real estate markets in the first place: the Fed's policies of holding interest rates below the levels that... more »
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