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Housing market shows consumers are ready to spend (access required)

by Tucker Hart Adams

Published: January 28,2011

Time posted: 6:41 am

Tags: Housing, Tucker Hart Adams, wealth

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A major contributor to the Great Recession of 2008-2009 was the decline in home prices. For the average household, the equity in their home is their largest asset, comprising a significant portion of their wealth. Wealth dropped an unprecedented $17.5 trillion over the seven quarters between mid-2007 and early 2009. We are beginning to see some positive ...





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