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: Loan Modification & Home Loan News

House Prices Need To Go Down: Vernon Smith

By Moe Bedard

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Calling for home prices to fall further probably won’t win Vernon Smith a lot of friends. But that isn’t stopping him. “I am just amazed how consistent housing is at the forefront of recoveries, which is also assisted by durable good expenditures,” said Vernon Smith, winner of the 2002 Nobel Memorial Prize in Economic Sciences [...]

Full post as published by Loan Modification & Home Loan News on September 28, 2010 (boomark / email).

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