UNITED STATES: Housing bust will persist into 2009
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In this article
- Housing bubble origins
- Housing bust drivers
- Unaffordable homes
- Oversupply
- Mortgage costs
- Credit contraction
- Rapid sell-off
- Pain will intensify
- Inventory glut
- Foreclosure surge
- Congressional response
- Homebuilder relief
- Frank-Dodd bill
- Economic consequences
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