Housing Market has to Lead Us out of Recession
There have been lots of comparisons made to this recession to the recession made of 30 years ago. However one decidedly different thing, is the state of the housing market as we come out of this recession. It's going to be a slower climb out this time. Now the market bubbles burst. There is not to be housing market to lead us out of this recession with new homes being built and jobs because of it. The market has too many homes available, which means it's a buyers market. More emphasis be placed on working on existing homes, instead of building new ones. society will be paying for the greed of the banks and then mortgage lending practice
