More Doom and Gloom on the Housing Front

The housing market

By Dana Green, 3-31-06

The real estate market has continued to defy the doom-and-gloom forecasts of an imminent crash, but the consensus of at least a significant slowdown is growing. In Business Week, commentators predict that a 20 percent drop would bring housing prices closer to normal trends. Ouch – that's quite a rough landing.

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By Dana Green, 3-31-06 | comments (1) | email story | print story

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Comments

By Nick Domitrovich, 3-31-06

I hate to see people lose their investments, yet I can't help but feel that a "pop" in this housing-bubble won't help the average joe in the long run. As a young person just entering professional life in Missoula, I've often viewed interest-only loans, anti-density protectionists and every other symptom of a housing-market gone astray as some of the greatest obstacles in my ability to ever raise a family here like my relatives have for several generations.

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The housing market