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As safe as houses? (Bangkok Post)

Story date: 2007-10-12 12:09:38
Added on: 2007-10-12 17:00:16


The English phrase ''as safe as houses'' seems ironic in the United States today. American house prices are falling _ the S&P Case Shiller index showed a 3.9% fall in July. The house is the most important asset that a typical US family will ever own _ and its value is sinking.


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