Stiglitz Says U.S. Housing Slump Will Stunt Consumer Spending
Story date: 2007-10-22 12:27:00
Added on: 2007-10-22 02:00:20
Bloomberg - A U.S. real-estate recession sparked by defaults on home loans to borrowers with poor credit histories may worsen as stricter lending rules and higher mortgage rates make it more difficult for potential buyers to get financing. A drop in consumer ...
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