U.S. homes lose $2 trillion in value during 2008

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Make Poverty History!

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Yes, largely “value” they never had in any real sense in the first place… Via CNN Money.

1 thought on “U.S. homes lose $2 trillion in value during 2008”

  1. Unfortunately, lots of people borrowed against that imaginary value, spent it, got laid off, can’t pay back the loans, and can’t sell the homes because they now owe more than the current value.

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