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While the housing market is going strong, the number of first-time home buyers is at historic lows. Higher college debt, longer lifespans, and delayed adult responsibilities contribute to the trend.
After the housing bubble burst, people were quick to lay blame on subprime lenders and borrowers. New research casts doubt on that premise.
A recent research paper written by Wharton real estate professors examines how housing prices in one area fed the prices in neighboring areas during the housing boom.
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