Tuesday, Aug 04, 2009
US House Prices Still Stalling
Daily Reckoning UK: More Empty Houses in America
The Daily Reckoning UK explains... The bubble era created new households at the rate of 1.2 million per year. Practically every one of them wanted to get in on the housing boom. Now, there are only 500,000 new households per year. And few of them still believe that housing is the route to wealth. At the current rate, it will take many years to fill up all America’s empty houses.
Posted by warren @ 05:22 PM (241 views) Add Comment
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