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Houses of pain: when did declining home prices become politically intolerable?

YOUR HOUSE isn't worth as much as you'd like it to be.

That's probably no surprise right now. Maybe it's unkind to rub it in. But a harsh appraisal has been one simple bit of reality to hold onto amid the frenzied, hysterical, high-pitched panic that seized leaders of government, business, and finance throughout 2008. In less than a year, vast swaths of American finance have been effectively nationalized, and the "Washington consensus" of more-or-less free market economics has come...

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