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Loan Modification

: Mortgage Lender Implode-o-Meter

Ratio rentals

By Implode-Explode Heavy Industries

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"That markets are now stabilising could suggest that prices have fallen far enough to correct the excesses of the global housing bubble. To test that hypothesis The Economist has created a fair-value measure for property based on the ratio of house prices to rents. The gauge is much like the price/earnings ratio used by stockmarket analysts. "

Full post as published by Mortgage Lender Implode-o-Meter on December 31, 2009 (boomark / email).

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