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    Twelve Facts That May Surprise You About the Housing Bust

    18.05.12 By Nick Timiraos

    What if the conventional wisdom about the mortgage crisis is all wrong?

    That’s the implication of a new paper  from economists at the Federal Reserve Banks of Atlanta and Boston that’s bound to spark debate because, if their premises are correct, it sharply undercuts the justification for much of the new regulation that’s been erected over the past two years.


    Source: Wall Street Journal (blog)