Tax credits for buyers, mortgage help for homeowners and new rules for lenders haven’t stopped the slide in the housing market. Some economists argue the best way to balance the market in the long term is to let it crash in the short run. Many homeowners and prospective homeowners are unsure if it’s time to buy, to rent, or to wait.

Mark Zandi, Moody’s Analytics
Amy Bohutinsky, Zillow
David Streitfeld, New York Times

Radio interview recorded on NPR’s Talk of the Nation, 09/07/10

Link to audio story