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The Housing Bubble Fact Sheet

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Publication Date: July 2005

Publisher(s): Center for Economic and Policy Research

Author(s): Dean Baker

Topic: Social conditions (Housing)

Keywords: Rents; Home equity; House Price Index (HPI)

Type: Report

Coverage: United States

Abstract:

This paper explains the basic facts about the current housing market. It lays out the evidence that the rise in housing prices constitutes a housing bubble — and explains what can be expected when it inevitably collapses.