154. Salutary

From, “Fannie Mae's Fire Sale,” by Jim McTague, 2/4/12, Barron’s:

IN CONTRAST, the U.S. rental market is hot. The supply of rentals is barely keeping pace with demand, and, consequently, rents have been rising. Crowe says that virtually all household formation since 2009 has been in rentals. 

A successful series of auctions could have a salutary effect on both localized rental markets and the economy as a whole, according to Martin Regalia, chief economist at the U.S. Chamber of Commerce. 

But adding to the supply of rental units, the auctions could slow the rise in rents and even bring them down in some places. 

This, Regalia says, would not only benefit renters but have a salutary effect on the overall economy. Renters would have more cash to spend on other things.

Salutary: producing good effects; beneficial