Bridgewater Says Future Looks Bright For HousingMark Melin
The U.S. housing market is expected to be supportive to the economy as a whole more so in the future than earlier during the recovery, a May 13 Bridgewater Associates strategy document reviewed by ValueWalk observed. The more supportive housing market is driven by several factors, some cyclical in nature, that should remain supportive despite the market having to ingest a record number of foreclosures recently.
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