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Education BLOG |
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How to Make Americans Economically Savvier?
By: Sebastian Wisniewski
12.28.2007
The U.S. housing market is in trouble partly thanks to the economic naivety of many Americans. Real estate buyers, including young first-time home owners, were lured by the low down payments (sometimes none at all) and low interest rates betting that market conditions won't change in an undesired way.
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