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July 11, 2006

Alberta's Housing Bubble?

The bubble in housing prices is finally explained.

But, what is a bubble? I guess, as I understand it, a housing bubble is a little like its namesake: an expanding, inflating, fragile sphere that is full of air and susceptable to popping. If the housing bubble pops, housing prices collapse and fall.

 

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Alberta’s Housing Bubble?

Posted on July 11, 2006 06:41 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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