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Letter: Must Homeowners Lose Wealth When House Prices Fall?

Eric B. Rasmusen, Kelley School of Business, Indiana University

Abstract

Paradoxically, Eric Rasmusen argues that a fall in house prices might actually raise the wealth of homeowners.

Suggested Citation

Eric B. Rasmusen. "Letter: Must Homeowners Lose Wealth When House Prices Fall?" 2007
Available at: http://works.bepress.com/rasmusen/3

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