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IPFS News Link • Economy - Economics USA

Merrill Lynch: House Prices May Fall 30%

1-22-08 • CalculatedRisk.blogspot.com

From the Fed's Flow of Funds report, household real estate assets totaled $20.99 trillion at the end of Q3 2007. So a 30% decline in prices would reduce "housing wealth" by about $6 trillion.

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Merrill Lynch: House Prices May Fall 30%

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