{"id":28014,"date":"2011-09-01T23:19:09","date_gmt":"2011-09-01T23:19:09","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/feds_duke_says_u-s-_should_promote_foreclosed-home_rentals_to_aid_economy\/"},"modified":"2011-09-01T23:19:09","modified_gmt":"2011-09-01T23:19:09","slug":"feds_duke_says_u-s-_should_promote_foreclosed-home_rentals_to_aid_economy","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=28014","title":{"rendered":"Federal Reserve&#39;s Elizabeth Duke Says U.S. Should Promote Foreclosed-Home Rentals to Aid Economy"},"content":{"rendered":"<p>Federal Reserve Governor Elizabeth Duke called for government efforts to promote the rental of foreclosed homes, saying a recovery in the U.S. housing market hinges on clearing the backlog of such properties.<\/p>\n<p>\u201cWe need to deal with the unprecedented number of loans in or still entering the foreclosure pipeline, the disposition of properties acquired through foreclosure, and the effect of a high percentage of distressed sales on home prices,\u201d\u009d Duke said in a speech today in Washington. \u201cWe, as a nation, currently have a housing market that is so severely out of balance that it is hampering our economic recovery.\u201d\u009d<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-09-01\/fed-s-duke-says-u-s-should-promote-foreclosed-home-rentals-to-aid-economy.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Federal Reserve Governor Elizabeth Duke called for government efforts to promote the rental of foreclosed homes, saying a recovery in the U.S. housing market hinges on clearing the backlog of such properties. \u201cWe need to deal with the unprecedented number<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=28014\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,582,589,149,671,617,600,616,593,151,667,618,585,596,584],"tags":[],"class_list":["post-28014","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-consumerconsumer-spending","category-corporationscorporate-life","category-economy","category-federal-reserve","category-house-of-representatives","category-housingreal-estate-market","category-office-of-the-president","category-personal-finance","category-politics-in-general","category-president-barack-obama","category-senate","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/28014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28014"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/28014\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}