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	<title><![CDATA[Double Bubble. Double Trouble.]]></title>
	<url>http://www.huffingtonpost.com/dave-johnson-and-james-boyce/double-bubble-double-trou_b_161357.html</url>
	<abstract><![CDATA[<p>Last August, <a href="http://www.huffingtonpost.com/dave-johnson-and-james-boyce/the-housing-markets-doubl_b_116692.html">we wrote about the double bubble in the housing market</a>: a more traditional bubble, then over-inflated by a massive asset bubble that drove prices up and up and up. The bigger the bubble, the bigger the pop.</p>

<p>In that post we wrote,<blockquote>In every modern recession, the fall in housing prices <em>follows</em> the economy slowing down. <strong>What we have yet to see is the falling economy's effect on housing prices.</strong> So if you think prices have already dropped, and...</blockquote></p>]]></abstract>
	<taxonomy><![CDATA[Politics]]></taxonomy>
	<date_published>2009-01-27T14:54:00-05:00</date_published>
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