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Wednesday, December 7, 2022

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Buckle in for a brutal free-fall in home prices and US housing is in a massive bubble, experts say. Here’s how bad Jeremy Siegel, Paul Krugman and 5 others think it could get.

The alarm bell is already ringing for American homeowners, as surging mortgage rates scare away buyers — and the slump in the US housing market is only going to get worse, experts say. The signs of stress have become blatant. Recent data showed that in September, existing home sales dropped 24% — …

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