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New House Market May Get Rough
Kilfore McFarlane, president of a Schenectady savings bank, warned at the American Institute of Banking convention that continued easy mortgage terms and rising housing starts could worsen vacancies. He cautioned that excess supply may increase the vacancy ratio for years, creating a vulnerable market.
MENTIONED IN THIS ARTICLE
Miami
Schenectady Savings Bank
American Institute of Banking
Kilfore McFarlane
United States
New York State