The U.S. Housing Market: Two Worlds In One Country

The nation's housing market has created two very different economies in one country.
August 8, 2003, 9am PDT | Abhijeet Chavan | @legalaidtech
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"While the housing boom has become the subject of daily conversations among the middle class and affluent in New York, San Francisco and Los Angeles, people in much of the country have little housing bounty to tap for home improvements, retirement or other needs. . . . From Fort Wayne to Rochester to Salt Lake City, the prices of typical homes across most of the country's vast middle have risen just ahead of inflation -- and more slowly than incomes. "

Thanks to Vanessa Kuehner

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Published on Wednesday, August 6, 2003 in The New York Times
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