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Housing crash to slow regional economy by $4 billion in 2008
Taryn Luntz, The Examiner
Nov 27, 2007 12:00 AM (761 days ago)WASHINGTON

The escalating housing market crisis will cost the D.C. metro area economy $4 billion next year as revenue from new home construction, consumer spending and property taxes dips, according to a report that will be released today by the United States Conference of Mayors.

http://www.examiner.com/a-1070305~Housing_crash_to_slow_regi onal_economy_by__4_billion_in_2008.html

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