UNITED STATES: Housing market bottoms out, but slowly
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In this article
- Unprecedented US bust
- Housing bust and recession
- Direct GDP impact
- Wealth effects
- MEW cessation
- Financial crisis
- Glimmers of hope
- Reasons for optimism
- Headwinds to recovery
- Inventory overhang
- Economic insecurity
- Foreclosures
- Negative equity
- Policy implications
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