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ENR > Business & Labor > Strong Nonresidential Markets Can’t Stop the Housing Crisis Crunch - ENR | McGraw-Hill Construction

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Strong Nonresidential Markets Can’t Stop the Housing Crisis Crunch - ENR | McGraw-Hill Construction

Publication Date: 14-NOV-07
Author:  Tim Grogan
Price: $4.95
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One difference between construction economists and their Wall Street cousins is that construction economists tend to be risk adverse, especially in their forecasts. On the other hand, their Wall Street brethren appear to have been risk oblivious, especially when it came to leveraging sub-prime mortgages to the hilt. Last year, most of these economists ...

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