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114: Home Price Predictions, Affordability False Flags, and 40-Year Mortgages

On The Market

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The Relationship Between Housing and the Great Recession

Housing actually led the country into the recession in 2008. It was a housing based crisis where bad loans and speculation cratered the rest of the economy. If you look back at other recessions like sort of the dot com boom, the stock market went down from about 2000 to 2003 during that decline,. The case shall shall index never declined at all.

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