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发帖数: 17225 | 1 Housing led the U.S. out of seven of the last eight recessions. This time,
it may kill the recovery.
Home sales collapsed after a federal tax credit for buyers expired in April.
Since then, the manufacturing-led expansion, which began in the second half
of 2009, has been waning, with jobless claims rising and factory orders
falling.
“If foreclosures continue to mount and depress home prices, that could send
the economy back into a recession,” said Celia Chen, an economist who
tracks the industry |
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