Steve Kerch–Why nobody wants to buy a house

…the only thing that will turn this mess around is jobs. Until this economy can put people back to work — and put them back to work gainfully, full-time, using their skills and not merely temping in some capacity way beneath their experience — it won’t be able to instill any confidence that buying a house is a good idea.

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Posted in * Economics, Politics, Consumer/consumer spending, Economy, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Personal Finance, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--