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<p>[QUOTE="Cloudsweeper99, post: 1616078, member: 3011"]But to be fair, the stock market has largely recovered, bond are probably a bit higher in price, and most of the drop is in residential real estate. Since there was a sharp rise in real estate prices for a few years prior to 2007, the loss is almost entirely in the outsized gains in the prior years. This undoubtedly hurt some people who bought at the top, but probably doesn't affect most homeowners.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1616078, member: 3011"]But to be fair, the stock market has largely recovered, bond are probably a bit higher in price, and most of the drop is in residential real estate. Since there was a sharp rise in real estate prices for a few years prior to 2007, the loss is almost entirely in the outsized gains in the prior years. This undoubtedly hurt some people who bought at the top, but probably doesn't affect most homeowners.[/QUOTE]
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