From Reuters
''The housing bust
has saddled the United States with an "extraordinary" level of abandoned
properties that inflict heavy costs on the wider community and
government aid may be needed to tackle the problem, a top U.S. central
banker said on Friday.
"In order to see the robust
economic recovery we all want, we need to deal effectively with the
large volume of vacant and distressed properties throughout the
country," said Federal Reserve Board Governor Elizabeth Duke.''
read more
No comments:
Post a Comment