NPR: Which Helps The Economy More - A Rebound In Stocks Or Housing?

On Monday's "Morning Edition" broadcast, National Public Radio discussed what helps the economy more, a rise in the stock market or a resurgent housing market. As they noted, both the housing and the stock market have been on the upswing in recent months. NPR makes the case that "a full recovery in the housing market would be more significant to the overall economy. That's because more Americans have something at stake in home values than in stock prices." Many more Americans own their homes than have significant stock holdings. When the housing market heats up, so do housing equity and prices, which makes homeowners feel more wealthy. Thus, folks are willing to spend more, which further fuels the economy. You can listen to NPR's report here.

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