Quote of the day: For the housing market, echoes of 1929

“This is the most serious housing downturn since the Great Depression.” – Mark Zandi, of Moody’s Economy.com, quoted in today’s Chicago Tribune. Zandi argues that if the mortgage crisis sparks a recession, the housing market downturn could last until 2010. (Visited 40 times, 1 visits today)

“This is the most serious housing downturn since the Great Depression.”

– Mark Zandi, of Moody’s Economy.com, quoted in today’s Chicago Tribune. Zandi argues that if the mortgage crisis sparks a recession, the housing market downturn could last until 2010.

(Visited 40 times, 1 visits today)