Created Friday, 05 December 2008 15:36
COLLEGE STATION (Real Estate Center) – Although recent government efforts to improve America’s housing markets have proven less than effective so far, noted economist Dr. Mark Dotzour says bold government action can get the market back on track.
In a white paper released today, the chief economist for the Real Estate Center at Texas A&M University offers a four-part solution to fixing the housing crisis, one that involves more than simply devising ways to keep people in their homes.
“The housing problem is fairly easy to understand,” said Dotzour. “We have too much supply and not enough demand, and we need to reverse that.”
Dotzour’s white paper is available on the Center’s website.