- Miller Samuel Real Estate Appraisers & Consultants - http://www.millersamuel.com -

Bloomberg View Column: Costly City Housing Is an Economic Drag

BVlogo [1]

Read my latest Bloomberg View column Costly City Housing Is an Economic Drag [2].

bv6-2-14a [3]

bv6-2-14b [4]

Here’s an excerpt…

It’s tough living in a big city — the people, the traffic, the noise. Oh, and did we mention the cost of housing? Contrary to conventional wisdom, high and rising housing costs in the U.S.’s biggest cities are not ideal for an economic recovery. Just the opposite: When housing costs take a big bite out of incomes, it diverts money that could be spent on local goods and services or invested in new businesses that stimulate growth…

[read more [2]]


My Bloomberg View Column Directory [1]

My Bloomberg View RSS feed [5].