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The US Housing Market Problem And How It Will Effect Us

By Andy Shaw | January 26, 2010

Originally posted 15th June 2009

The Coming Mortgage Crisis

The US housing market is still very much in a slump and when you start to dig deeper you start to see just how big the problem will become. When you look at the American market you see that as a portfolio they are 70 – 80% geared and at a quick ‘media’ glance things look to be ok but when you consider the simple fact that 33% of the market has no mortgages at all the problem starts to come into view.

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Topics: Property, The Economy | Comments Off

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