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Housing Market Carnage
The new Case-Shiller Index is out and the results are not pretty (h/t: Allison Kemper). Overall, the index is down 16 percent over the past year and more than 20 percent since its peak in 2006. The...
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Housing’s Burden on All of Us
Ryan Avent points to this finding from a 2006 report from the Center for Housing Policy, which documents the share of income people devote to housing and transportation. It’s higher than you might...
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