Hosting today’s show for Gary, Joel McDurmon explains why the housing market is not going to get back the value it has lost in the recession. “Nor do we want it to get back the dollar value housing has lost,” says Joel. There is a reason the market value of homes were so high in the first place, and it wasn’t a situation we want to return to.
Podcast: Play in new window | Download (Duration: 10:00 — 9.2MB) | Embed
Joel McDurmon, M.Div., Reformed Episcopal Theological Seminary, is the Director of Research for American Vision. He has authored four books and also serves as a lecturer and regular contributor to the American Vision website. He joined American Vision's staff in the June of 2008. Joel and his wife and four sons live in Dallas, Georgia.
