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Martin Feldstein housing starts will be down

Started by Riversider
over 15 years ago
Posts: 13572
Member since: Apr 2009
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http://www.businessweek.com/news/2010-05-18/feldstein-says-falling-permits-may-signal-u-s-housing-slump.html May 18 (Bloomberg) -- A decline in U.S. homebuilding permits last month may indicate a renewed housing slump as demand weakens after the expiration of tax credits, Harvard University economics professor Martin Feldstein said. “Permits are an indication of what is going to happen in the future,” Feldstein said in a Bloomberg Television interview. “With the first-time home-buyer credit behind us, we are not going to see the strength of housing demand we have in the last few months as people rushed to take advantage of that program.”
Response by alanhart
over 15 years ago
Posts: 12397
Member since: Feb 2007

Marty Feldman was a really great character actor.

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Response by Riversider
over 15 years ago
Posts: 13572
Member since: Apr 2009
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