Tuesday, August 25, 2009

Hugh Hewitt: Housing depression headed our way | Washington Examiner

Housing depression headed our way | Washington Examiner: "The employment picture in the United States cannot brighten appreciably until and unless government at every levels stops the continuing assault on homebuilders and even begins to help them with the processing of projects, with the costs and with the tax incentives to buy a new home.

If President Obama returns from vacation committed to a jobs policy that actually creates rather than kills jobs, assistance to the home builders on a number of fronts will be at the heart of any serious plan."

Hewitt says there won't be a recovery until the housing market recovers, especially in California, and he thinks policy-makers are holding back the real estate development industry instead of stimulating it.

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