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US housing crisis

Posted on 28 November 2011

Experts say more foreclosed homes are coming onto the U.S. housing market and U.S. home prices are still dropping. They believe the housing problem would have been solved if the Federal Reserve could keep long-term interest rates down for the next 10 to 20 years. But interest rates will have to rise sooner rather than later as inflation becomes a problem in America.
The United States housing bubble is an economic bubble affecting many parts of the United States housing market in over half of American states. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and may not yet have hit bottom as of 2011………………………………………Full Article: Source


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