+Economy & Policy | 1361 days ago

Do we want house prices to fall faster or slower?

By wpcomimportuser1

I came across this gem of a quote in an LA Times story on real estate this morning: “Because the prices are going down so fast, we’ll be hitting the stabilization point sooner,” said Lawrence Yun, chief economist at the National Assn. of Realtors. Now I’m not going to mock Yun for going to such [...]