In the USA in the first quarter, 600 thousand houses were confiscated for non -payment

In the United States, the fall of the real estate market continues, and it is far from healing, according to a study by Harvard University. The volume of sales of new houses from 2005 to 2008 fell by more than 60% due to the fact that the purchasing activity of the Americans is now at the lowest point over the past 65 years, BFM.ru reports.

"The efforts of the federal government to support this sector and help homeowners with the payment of mortgage loans have not yet been successful," the report says. Because of this, as well as unemployment in the country of unemployment, house prices continue to fall, they are increasingly confiscated for non-payment of mortgage debts. According to university experts, in 2007-2008, 3.2 million Americans lost their housing due to debts, and in the first quarter of 2009, lenders confiscated about 600 thousand houses bought previously on credit.

Obama allocated to 4 states $ 268 million for affordable housing

The US presidential administration Barack Obama announced the allocation of $ 268 million to stimulate the construction of affordable housing in the states of Indiana, Missouri, Tennessi and the capital's district of Colombia (Washington).
As stated in the materials of the US Treasury, the money will be allocated from a large -scale program to restore the economy (Recovery Act), which was adopted in February 2009 in the amount of $ 787 billion. In total, it is planned to send $ 3 billion for the construction of economy class housing in the framework of the Recovery Act. According to the plan of the authorities, in addition to housing proper, the program will create jobs for Americans, writes Bfm.ru.

According to the results of the second round of consideration of regions, Indiana will receive $ 164 million, Missouri - 17 million, tennes - 53 million, Washington - 33.7 million. The first round of this housing and construction program took place on June 4, 2009, and the American regions allocated $ 135 million. The US Treasury added that in the coming weeks it will continue to distribute funds for the States that sent applications.