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Study: Tech, not spec, fueled U.S. housing boom
Old 08-25-2006, 09:57 AM   #1
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Interesting article:

http://tinyurl.com/ozwr6

Don't look at me. That is essentially the message of a new Federal Reserve study arguing that productivity--not the central bank's own policy of rock-bottom interest rates--was behind a five-year housing boom that now seems to be ending rather abruptly.
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