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2011-09-09 — financialsense.com
``What a bubble our housing market was. In 2005 the average house cost 720 ounces. So that's a drop of 80% already. But from today's prices, measured in constant money, I would say we have at least another 30% to fall, (that takes us to 100 ounces) or possibly 60% (which gives us 55).''
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