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Home prices have returned to the lofty levels they reached 10 years ago, just before the market crashed in a wave of foreclosures. But today’s housing market is very different from the one in 2006, according to Danielle Hale, chief economist at realtor.com.
Tags » Housing Bubble
Big cities all over the world are grappling with the same problem: how to make homes more affordable for the people who live there. Part of the problem is that the rich see buying overseas real estate as a way of safely storing their wealth, raising the prices beyond what many residents can afford and locking young people out of the housing market. 356 more words