Obama says US housing still a drag on economy
WASHINGTON, July 6 |
WASHINGTON, July 6 (Reuters) - President Barack Obama said on Wednesday that the U.S. housing market has been stubbornly slow to recover and did not bottom out as quickly as the White House had been expected.
Obama told a Twitter town hall that housing has been a "big drag on the economy." (Reporting by Jeff Mason, Editing by Sandra Maler)
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