Tag Archives: But Don’t Look for a Boom

The housing recovery may not be a boom “but it’s recovering,” said Kenneth T. Rosen, chairman of the University of California, Berkeley, Fisher Center for Real Estate and Urban Economics. Several challenges face the housing market that will prevent a boom from taking shape, particularly from tight lending conditions that have prompted the recovery to be marked by slow growth rather than rapid growth, Rosen noted at a recent conference. “The problem is not [that there is not] enough money, because the [Federal Reserve] has poured in a lot of […]