I agree with former Federal Reserve Chair Alan Greenspan: when demand for new housing sufficiently exceeds the available housing stock, the mortgage market will again begin climbing to equilibrium. Thus, we must find responsible ways of fostering this demand to hasten the process and end the sufferings and concerns of homeowners.

This entry was posted on Thursday, March 27th, 2008 at 9:00 am and is filed under Politics, Economy/Budget .