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July 25, 2007
Overvalued Housing Threatens World Economy
From a post by the Heartland Institute about housing prices.
We note your concern in the Annual Report about the potential long term economic risks arising from the rise in house prices in response to interest rates and more liberal loan products in the United States. However, much of the increase in housing prices may be the result of regulatory factors, rather than financial market factors.
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Posted on July 25, 2007 07:42 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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