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Message
re: Housing Prices
Posted on 1/29/09 at 2:46 pm to Edge
Posted on 1/29/09 at 2:46 pm to Edge
quote:
Not exactly sure what Ablin was thinking, but I viewed this to be "damage" to home prices.
Right. Which is different than the damage caused to the whole system by having the single biggest asset class in the world (US mortgage debt) continue to deleverage.
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