Bubble Burst

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by plawiuk | June 6, 2006 at 03:53 pm
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The current housing bubble in the US is being used to pay off credit cards, as folks take out second mortgages, the elderly take out loans through reverse mortgages (those despicable CHIP ads on TV) and as folks buy and flip homes in heated up real estate market. But has the bubble burst? Forbes thinks so.

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