[QODLink]
Americas
Foreclosed properties hold back US economy
As more homes than ever face feared bank seizures, economists struggle to solve complex problem.
Last Modified: 21 Dec 2011 23:10

Most economists agree the housing crisis remains the biggest obstacle to economic recovery in the US.

But there's no consensus on how best to fix it and the rate of foreclosed properties has hit a record high.

Al Jazeera's Kristen Saloomey reports from Rochester, New York.

Source:
Al Jazeera
Topics in this article
People
Country
Featured on Al Jazeera
The story of Egypt's Muslim Brotherhood and its emergence into the political arena after decades of suppression.
People & Power goes undercover to reveal how 'voluntourism' could be fuelling the exploitation of Cambodian children.
Facebook's now-public status may encourage its board and policy staff to respond to privacy, free expression concerns.
Two prominent figures in the American establishment break away from the mould and chastise the GOP - but is it enough?
Spotlight
Latest news and analysis as Egyptians elect first new president in post-Mubarak political era.
In-depth coverage of an escalating regional debate about Iran's geopolitical power and the West.
Violence continues as UN observers are deployed to monitor both sides' compliance with a peace plan.
join our mailing list

Enter Zip Code
Go