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SHORT VIEW from MARKETS

America's housing overhang

Mar 23 2011 Housing has the potential to provide a much bigger boost to the US economy, if only potential buyers could be convinced the market has bottomed out. James Mackintosh, investment editor, says with new home sales at their lowest for almost 50 years, housing supply rising again and construction moribund, it is hard to be optimistic. (3m 34sec)

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