Why Hasn’t the Housing Recovery Helped the Economic Recovery?

Most people are convinced that the housing crash contributed to the recession, even though the facts suggest otherwise. Now people are convinced that the housing recovery has helped speed up the economic recovery: The housing market is rebounding faster than anyone thought possible, according to Blackstone Group LP (BX)’s global head of real estate Jonathan Gray, as [...] View the full post at: Why Hasn’t the Housing Recovery Helped the Economic Recovery? Related posts: Greenspan says credit recovery hinges on U.S. housing Richmond Manufacturing Index Data Suggests Economic Recovery Housing: Recovery is Hard to Spot in this Sector