UNITED STATES: Housing prices could fall another 10%
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In this article
- Housing and recession
- Construction collapse
- Household wealth
- Financial sector impairment
- Mortgage equity withdrawal
- Reasons for optimism
- Signs of life
- Inventory reduction
- Cheap mortgages
- Increased affordability
- Reasons for doubt
- Inventories historically high
- Foreclosure crisis
- High unemployment
- Mortgage resets
- Default incentive
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