Nick Timiraos

National Economics Correspondent, Wall Street Journal


National economics correspondent, The Wall Street Journal

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@profsufi Home price gains that simply restore previous declines have a smaller effect on consumption…
Wasn't the MEW of 04-06 simply masking an economy that didn't grow incomes? People didn't notice/care as long as we could tap home equity.
Was that MEW creating sustainable economic growth? It stemmed from an overheating housing market and created a fantastically painful bust.
Great read by @profsufi but again I wonder why folks think 2005-06 is an appropriate benchmark for anything housing-related.
RT @profsufi The U.S. economy will have to look for an engine other than housing to drive growth going forward…
Meritage CEO: I don't see anything on the horizon that gives me a lot of excitement the 1st-time buyer is coming back
Buffett dispels idea that he'd invest in Fannie, Freddie: "I don’t see any role for Berkshire in Fannie or Freddie."
RT @aaronvalue: In Atlanta: “New construction is still trying to play catch up,” he said. “They can’t build them fast enough.”…
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