Thursday, 16 June 2011

Moneynews.com


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CNBC: Housing Crisis Officially Worse Than Great Depression


The housing crisis that began in 2006 is now worse than the meltdown in the Great Depression, with home prices having fallen 33 percent since then compared to 31 percent in the 1920s and 1930s, according to data from Case-Shiller, which tracks the sector.


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