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Subject:  Re: The Global Housing Boom Date:  2/15/2006  12:58 AM
Author:  namkato Number:  7572 of 14295

looking at chart #3 in the article, Japanese house prices are barely above 1980 price levels 25 years later, a period encompassing both boom and bust. Extrapolating similar price movements in the U.S. implies that prices could be barely higher here in the year 2020 (measuring the boom from 1995).

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