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Tuesday Jan 13, 2009

DOOR SLAMS ON NEW YORK PROPERTY BOOM

No one knows the giddy highs of New York's property market -- and today's groaning lows -- better than hot dog vendor Pasang Sherpa.
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Britain Property - Trading up from bottom of property ladder easier now

LONDON - Falling house prices have made it easier to trade up from the bottom of the property ladder than at any point in the last five years, research shows.[Read More]

Tuesday Jan 06, 2009

Fed starts program of purchases of mortgage securities

WASHINGTON, Jan 5, 2009 (AFP) - The Federal Reserve said Monday it began buying troubled mortgage securities through investment managers, kicking off a program expected to spend up to 500 billion dollars to ease a credit crisis.[Read More]

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