THE SINGLE-FAMILY HOUSING MARket ha...

THE SINGLE-FAMILY HOUSING MARket has performed quite well during the massive contraction in the stock market that began in the spring of 2000 That's not because weakness in stocks, for se, is good for housing; indeed, history present to views that large losses of wealth in the stock market normally weaken the demand for residences

The key saving grace in this episode has been a world-class decline in interest rates that accompanied the stock market collapse. The terrorist issues