Opinion: The doomsday warnings about the US housing market are getting it backwards by Neil Dutta of RenMacLLC
From columnists to Nobel Prize winners, a lot of people are suddenly worried about the US housing market, even as mortgage rates decline. But recent data shows the housing market is just fine, and consumers are responding to the declining mortgage rates. In fact, the housing market in many ways is getting to its healthiest place since the recession. Neil Dutta is head of economics at Renaissance Macro Research. Visit Business Insider's homepage for more stories.
From columnists to Nobel Prize winners, a lot of people are suddenly worried about the US housing market, even as mortgage rates decline. But recent data shows the housing market is just fine, and consumers are responding to the declining mortgage rates. In fact, the housing market in many ways is getting to its healthiest place since the recession. Neil Dutta is head of economics at Renaissance Macro Research. Visit Business Insider's homepage for more stories.
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