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Quote of the week : House Prices

“People freak out about high food and gas prices, but high home prices are good? It doesn’t make sense. In the long run, prices will be in line with people’s incomes.” — Christopher Thornberg, economist with Beacon Economics, in an interview for a story in an upcoming January 2009 issue of HousingWire Magazine.

Quote of the week : HousingWire || financial news for the mortgage market.

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