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Is the housing crisis over?

May 07, 2008By

Cyril Moulle-Berteaux, in an op-ed published Wednesday by the Wall Street Journal, looks at the argument for why housing is on the road to recovery already. Inventories are already falling, he writes, and homes are largely affordable again. (It’s worth noting that he doesn’t cite any sources for his data). The gem of it all:

3d rendering of a row of luxury townhouses along a street

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