Surya Yalamanchili: The Time Is Now for Real Solutions to Housing Crisis

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Aug 26, 2010

The Time Is Now for Real Solutions to Housing Crisis.

Sadly, each passing day brings with it more depressing economic news. Today’s latest is that housing sales dropped 27% in July, the weakest showing in 15 years. That the housing market remains a complete disaster, common knowledge to most of us, appears to still be a secret to those in Washington. This latest news reinforces that it is time to put aside the Washington “PR fixes” and get down to real solutions that address what is both a devastating crisis for many American families and a major barrier to any economic recovery.