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I was reading Doug French's book about the housing collapse and came across the Shiller graph showing historical home values. I'm a self-taught student of economics and don't have the background that others might. I wanted to pick the brains of the Mises community on the housing spike/collapse...
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http://www.nytimes.com/2008/12/21/weekinreview/21uchitelle.html Read the article, and let me know what you think.