U.S. Can Rent Its Way Toward a Housing Recovery: Peter OrszagPeter Orszag
Oct. 5 (Bloomberg) -- After any financial collapse, housing plays a key role in the hard slog that typically follows: a weak housing market feeds into a weak economy, which then feeds back onto a weak housing market. So even if the European banking system somehow avoids a meltdown, economic recovery in the U.S. will continue to languish unless we act more aggressively on housing.
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