But housing analysts cautioned that the Fed effort was no
panacea. Millions of homeowners owe more on their mortgages than their
homes are worth, leaving them in no position to sell. Millions more are
unemployed or underemployed, and unable to afford a home. The
foreclosure crisis is continuing and credit is tight, leaving many
people who would like to buy a house unable to get a mortgage.
Analysts See Minor Boost for Housing in Fed Plan - NY Times
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