Wednesday, April 14, 2004

Something else to worry about...

[See previous]

This has been predicted for so long that it is hard to take it seriously... but just in case, here is the latest warning on the housing price bubble: If/when this bubble does pop, it would not be pretty. Millions of people would get underwater in their mortgages. Let's hope for a quiet deflation of the bubble rather than a pop.

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