Posts Tagged ‘ housing problems ’

Poole Party — No Housing Lessons Learned

Oct 10th, 2007 | By Michael Shedlock | Category: Macro Economics
William Poole, president of the Federal Reserve Bank of St. Louis, made a lengthy speech on Real Estate in the U.S. Economy. Skipping over the first few pages, let's turn our attention to a section called “Current Problems in Real Estate and Lessons Learned”: “Current difficulties afflicting the real estate sector ...read more

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Containment Is Spreading

Apr 10th, 2007 | By Michael Shedlock | Category: Commodities
In spite of Bernanke's claims that problems in housing are "well contained," most of the evidence appears to be contrary. State Tax Revenues Slump In "Housing Slump Pinches States in Pocketbook," The New York Times is reporting on tax shortfalls: In Florida, tax revenue is "projected to drop this year for the first ...read more

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