The news of the fall in housing starts was not news to Doug French, president of the Mises Institute, who has been predicting a further fall. I interviewed him on the housing problem. He explains the ins and outs of the financial pressures of buyers and lenders. He likens the stimulus so far with defibrillation, making the body jump before it falls back on the stretcher. Whole interview here.
Source link: http://archive.mises.org/11501/interview-with-doug-french/