Careers Employment

Careers Employment

Careers Employment

Why The U.S. Housing Market Can't Recover

By Michael Lombardi, MBA Despite what are the popular media might be preaching now, the U.S. housing industry is more than merely upside down. The American dream, at the very least as I remember it, always included owning your own home. It's the place that the family would experience their fondest memories. Until the finance bubble began in 2001-2002, the U.S. housing industry have also been a comfortable location to invest money, since it appreciated inside low single digits on average annually on the prior decades.Like owning a long-term government bond: consistent and reliable. Since the now infamous housing bust of 2007, everything has changed dramatically. With the U.S. housing sector, the persistent environment of falling prices and home foreclosures has shifted progressed to renting...