OECD: Well Functioning Housing Markets Are Key for Stability and Growth
January 29, 2011 at 20:35 PM EST
Poorly managed housing markets played a key role in triggering the recent global financial crisis and may be slowing the recovery, according to a new OECD study which offers governments a roadmap for sounder housing policies. The OECD notes in its study that easy credit over the past two decades amplified price volatility, with real [...]