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Housing Bubbles Are Dangerous, That’s Why Canada is Finally Trying to Tamp Down on Them. And the US?

Housing Bubbles Are Dangerous, That’s Why Canada is Finally Trying to Tamp Down on Them. And the US?

Wolf Richter with Jim Goddard on This Week in Money:

The underlying dynamics are similar, but the approach is different.

Home prices experience a historic spike in Seattle, and sharp increases in other metros, but prices of condos in New York fall. Read…  The Most Splendid Housing Bubbles in America

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