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Thread: How bad is the US housing market?
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[quote=GUEST1468,292044]As Financial Times reports, the widely followed S&P/Case-Shiller index shows that the house prices in US are going down rapidly. They fell about 14 percent year-on-year in the first quarter, more than 16 percent down compared with their peak in 2006. I want to know if how US people feel about the house prices. Are they falling rapidly as the index indicated? If the house prices drop rapidly, the ordinary people will benefit. Do you gain some interests from the falling house prices?[/quote]
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