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Channel: The notion that home prices always go up is very strong, and very wrong.
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stevejhx: about 7 years ago

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And that article, JM, is correct about everything, including the NYC suburbs, but not Manhattan. As you know, 2006 was a banner year for Wall Street bonuses, based on repackaging junk mortgages that have all gone sour.

Where, pray tell, are Wall Street bonuses going to be this year?


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