To the Point
Is Housing Bubble Losing Air?
After 911 and during the war on terror, the housing market has helped keep America’s economy going. Monday, this Labor Day, we broadcast an archived edition of To the Point on whether the housing bubble is losing air. Will the promise of short-term profit leave homeowners facing long-term debt?
By Warren Olney • • 1h 0m ListenAfter 911 and during the war on terror, the housing market has helped keep America’s economy going. Monday, this Labor Day, we broadcast an archived edition of To the Point on whether the housing bubble is losing air.Will the promise of short-term profit leave homeowners facing long-term debt?
In this episode
3 storiesKatherine Harris Shunned by Party Leaders in Florida Senate Race
In 2000, she was the Florida Secretary of State celebrated by Republicans and blamed by Democrats for helping make George Bush President of the US. Now, Katherine Harris is a member of Congress, who wants to oust Democrat Bill Nelson from the US Senate.
Read the story6 minIs Housing Bubble Losing Air?
For more than a year, some economists have predicted the bursting of what they call the housing "bubble." When we first aired this program on May 9--things haven't improved in the meantime, Fortune magazine said the boom was already over . Since then, sales of new homes have fallen and the inventory of unsold homes is at a record high.
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Labor Day celebrates America's working people, and one of the major issues impacting them is illegal immigration.
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