Falling Housing Market Inventory Brings Only Limited Benefits

Prices decline even as the supply does

By SHARE

[See how renters could save the housing market.]

But, limitations to that proposed solution exist as well. Much of the distressed and vacant housing stock exists in areas where there is weak rental demand or few employment opportunities.

Notwithstanding the myriad other obstacles the housing market faces, until Americans want to buy houses, and homes people want to buy are for sale, it's unlikely any meaningful improvement on the housing front will occur.

mhandley@usnews.com

  • Read: Is the Economy Better Off Without Washington?
  • Browse: a collection of political cartoons on the economy.
  • Check out: Jobs Act: From 'Pass This Bill' to 'Pass Part of This Bill'