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The coming real-estate collapse

John Ford of Ford Realty has started a real-estate blog. Unlike some of his colleagues, Ford not only thinks we're in the midst of a housing bubble, he thinks it's about to burst:

... I think it has the potential to be worse then in the late 80's early 90's for the Boston area. Contrary to what my esteem Boston realtors believe that this will only be a minor air leak, I believe you should cover your ears because balloons will be popping with a BANG. ...

Blame Greenspan, he says.

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