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Why Falling Home Prices Could Be a Good Thing


               
2017 Feb 13, 11:23am   5,235 views  16 comments

by Heraclitusstudent   follow (8)  

https://www.nytimes.com/2017/02/10/upshot/popping-the-housing-bubbles-in-the-american-mind.html?ref=economy

Cheaper home prices could add as much as $1.5 trillion a year to US economy.

This may disregard some side effects (on consumption and banking), but this highlights how authorities painted themselves in a corner with housing.
The current trends lead nowhere.

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1   WIP   @   2017 Feb 13, 11:25am  

Not if there's no building going on.

2   Patrick   @   2017 Feb 13, 12:57pm  

I love this article of course.

OK, the NY Times has not become totally evil. They're just having trouble accepting the new political reality of Trump.

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