“I’m concerned that this recovery, if you want to call it that, has occurred without housing. It used to be that housing was the instigator for coming out of a recession or going into a recession. But really it was the economy and the stock market, frankly, that pulled housing along. So I wonder what that means when housing is discounted for widespread economic activity because, for the middle class, housing is the wealth creator. ” - Nela Richardson....." I’m concerned about an economy that is structured in a way that is unequal and is distributed unequally. My last concern is that the geographic concentration of the economic activity is becoming less and less available in terms of where people are living.” If middle-class people cannot be a part of economic opportunity, then the recover and economy is suspect.
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