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Tuesday, March 11, 2008

Housing mess

This is quite a presentation on the housing debacle...


A sample of some of the slides...

Subprime lending skyrocketed...




From 1975 to 2000 the average real (inflation adjusted) rise in home prices was 1.4% per year. But from 2000 to 2005 it was 7.6% per year...



In summary...


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