How the Government Can Solve the Housing Crisis

Brief

How the Government Can Solve the Housing Crisis

Abstract

Foreclosed homes are a major drag on the housing market and a reason why housing prices continue to fall and new housing construction is stalled. Institute fellow Robert Lerman and Brooklyn College's Robert Cherry explain, in a commentary for CNN.com, an innovative way a million of these properties could provide families with housing instead of sitting empty, take pressure off rental rates, and boost construction jobs.

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