What more can be done to help the housing market? Economists have some ideas for hastening a recovery.
First, The Wall Street Journal says, is helping local investors help their own communities, allowing more guaranteed loans per investor and eliminating capital gains tax on housing investments held long term.
A second fron the economists suggested is clarifying the current mishmash of investment regulations.
Third, having banks bite the bullet on loan writedowns could help reduce the debt overhang that is unlikely to go away any other way.
