Home Builders Make Their Own Plea For Federal Aid: $250 Billion
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Builders, Builders $250 Billion, Builders Federal Aid, Home Builders, Housing Crisis, Housing Crisis Obama,
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Wall Street Journal:
Struggling U.S. auto makers left Washington empty-handed after weeks of pleading for a handout, but that hasn't deterred home builders from stepping up to lobby Congress for help.
But any federal assistance would require policy makers to figure out how to stimulate demand for housing - the problem at the root of the global financial meltdown - without artificially propping up home values.
First Posted: 11-24-08 12:17 AM | Updated: 12-24-08 05:12 AM