SocraticGadfly: Pricing incentives may mask depth of real estate slump

May 21, 2007

Pricing incentives may mask depth of real estate slump

Like an extra half a percent price drop if Washington, D.C. is any indication.

And buyers like it, because it means putting up less cash, which makes subsidy-fueled mortgages lending to more people on the edge of being able to afford them.

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