Zillow Reports $9 Trillion in Housing Losses So Far

December 9th, 2010
in Background, Banking

Zillow says that 2010 will see $1.7 trillion in 2010 losses for homes.  This follows $1.0 trillion lost in 2009 and a total of $9 trillion disappeared since the housing market peak in June, 2006.  Nouriel Roubini has estimated that there will be an additional $1 trillion lost before this bubble is totally deflated in a few years.......


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