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Edward L. Glaeser

Taking a hard line on rewriting the bankruptcy code

By Edward L. Glaeser
April 4, 2008

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THE AVERAGE sales price of a Massachusetts home fell 4.6 percent last year to $310,000. The state's housing market is doing well relative to California, where average prices have fallen by 26 percent. Of course, during a downturn, every dollar lost by an owner who sells is a dollar saved by a buyer. Congress should act to reduce the suffering ... (Full article: 699 words)

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