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Why the housing market is on fire even in a recession

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New York Police Department spokesman Paul Brown holds an original missing poster of Etan Patz during a news conference near a New York City apartment building, where police and FBI agents were searching a basement for clues in the boy's 1979 disappearance, in New York April 19, 2012.
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Man confesses to killing 6-year-old Etan Patz 33 years later

A one euro coin is melted with a welding torch in this photo illustration taken in Bern November 8, 2011. According to sources quoted by Reuters, euro zone members have been told to prepare a contingency plan for Greece leaving the economic zone.
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Egyptian Muslim Brotherhood presidential candidate Mohammed Morsi, casts his vote inside a polling station, in Zakazik 80 Kilometers (50 miles) north of Cairo, Egypt, Wednesday, May 23, 2012. On Wednesday morning, Egypt commenced two days of presidential voting after 16 months of interim rule by the Supreme Council of Armed Forces. This election is the first free and fair race since the ouster of former President Hosni Mubarak.
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New York Rangers captain Mark Messier reacts after the officials reviewed the tape and credited Rangers' Boris Mironov with a goal at the end of the first period against the New Jersey Devils Wednesday night, Feb. 11, 2004, in East Rutherford, N.J. The Rangers beat the Devils 3-1.
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Graeme Williams was a third-year engineering student in May, 2009, at the University of Waterloo, whose area of focus incorporates electrical, chemical and computer engineering. He is seen here in one of his research labs on the university campus.
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The Facebook profile of founder Mark Zuckerberg on a mobile phone is seen in this photo illustration taken in Lavigny May 16, 2012.
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Violent scuffles broke out in the Ukrainian Rada, or parliament, on Thursday, May 24 as deputies debated a bill allowing the official use of Russian language in some parts of the country.

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