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December 30, 2010

Is Peter Schiff Right About Housing?

Schiff:  ‘Home Prices Are Still too High’  The market can stay irrational longer than you can stay solvent. –John Maynard Keynes Just for argument’s sake, assume that Peter Schiff’s Op-Ed piece in today’s Wall Street Journal is right:  namely, that even after a 30%-plus drop nationally the last four years, housing is still overvalued by...
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