Researchers at the Cleveland Federal Reserve looked at housing. It’s an interesting article, and mostly positive.
. . . mostliy.
This difference may reflect the permanent impact of the crisis on people’s preference for owner-occupied or rental housing.
In the aftermath of the housing bust, some potential homebuyers now realize that rental properties may be a more appropriate housing option for their circumstances.
Moreover, underwriting standards have risen, which will likely delay home purchases for younger families and for individuals with blemished credit records.
Source: http://electricalcontractor.com/?p=11377
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