They will continue to send money home, even if they have to reduce the amount they send, says economist Dilip Ratha, who leads the World Bank’s Migration and Remittances team.
Economist Nouriel Roubini, who predicted the fall in home prices, says Congress needs to turn from supporting financial institutions on Wall Street to helping struggling consumers.
经济学家罗比尼曾经预计到房屋价格下降,他说国会需要从支持华尔街金融机构转为帮助陷入困境的消费者。
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NAR Chief Economist Lawrence Yun also said that the pace of home sales will continue to slow until the economy starts creating more jobs.