Zenoch’s Blog

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Housing Prices Are Still Way Too High

Posted by Zenoch on February 22, 2009

The Housing Chart That’s Worth 1000 Words

“Here’s the big problem with almost all the current rhetoric about the housing crisis: It presumes that the goal should be to get house prices rising again.  The problem with that idea is that, even after a 25% decline, house prices are still way too high.”   Link