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Home prices due to decline another 20%

One can easily argue that the current state of the economy is much more dire, than the environment of 2002-2003 which saw all time new high levels of liquidity and home ownership rates on the rise. Bubble markets get overbought from greed on the way up and they almost always end with over selling from fear on the way down.
Six more reasons why home prices may decline 20% further.

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