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Loan Modification

: Mortgage Lender Implode-o-Meter

Dean Baker: We?re Still In a Housing Bubble

By Implode-Explode Heavy Industries

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" Housing economist Dean Baker, the co-director of the Center for Economic and Policy Research, laid out his case at a risk conference last week for why we still have a housing bubble. Adjusted for inflation, home prices are still 15-20% higher than they were in the mid-1990s. ?There?s no plausible fundamental explanation for that,? he says."

Full post as published by Mortgage Lender Implode-o-Meter on January 27, 2010 (boomark / email).

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