Housing Slump ‘Unfolding,’ Treasury Chief Says - New York Times

Housing Slump ‘Unfolding,’ Treasury Chief Says - New York Times: "“Let me be clear: Despite strong economic fundamentals, the housing decline is still unfolding, and I view it as the most significant current risk to our economy,” Mr. Paulson said in a speech at a Georgetown University law forum. “The longer housing prices remain stagnant or fall, the greater the penalty to our future economic growth.”"