Bernanke urges action to heal US housing markets
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Bernanke: Weak housing to hurt consumer spending for years
From other news sites (2)
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The Road To Recovery
thewall.com
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7:48 pm Feb 10, 2012
- The road to economic recovery started two years ago.
- Federal Reserve is taking a close look at the mortgage markets.
- Higher unemployments rates are preventing young adults in home ownership.
- Homebuilders need to pay close attention to the housing market prices.
- Because of the decrease in home buying, homeowner equity has also decreased.
- Foreclosures decline the value of the homes around it.
- Construction industry also feel the effect of the declining housing market.
- Between 2007-2009 was a huge drop in mortgage payments on properties.
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Bernanke: Weak housing to hurt consumer spending for years
usatoday.com
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7:41 pm Feb 10, 2012
WASHINGTON – Ben Bernanke says declines in home prices have forced many Americans to cut back sharply on spending and warns that the trend could continue to weigh on the economy for years. The Federal Reserve chairman drew the connection between home…
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February 10, 2012
federalreserve.gov
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7:00 pm Feb 10, 2012
The economic recovery began more than two years ago, but it doesn't feel like much of a recovery for many Americans--certainly for those of you who depend on the housing sector for your living, as well as for the millions of others who have seen their home…
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Bernanke urges action to heal housing markets http://t.co/9uCZYRWz
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