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Posts on ‘October 8th, 2008’

Housing Bubble Journalism: Still Inadequate

In today’s Wall Street Journal story about the deflation of the housing bubble, “Housing Pain Gauge: Nearly 1 in 6 Owners ‘Under Water’,” consider this passage: Stephanie and Jason Kirschenman thought they were being prudent when they agreed in late 2004 to buy a new four-bedroom home in Lodi, Calif., for $458,000. They put a […]