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Name : Ravindra Jha
Subject: Falling housing prices
Message : Your article on Subprime mentions that one of the main reasons for the US mortgae market meltdown is the falling home prices since 2005 in US. I will like to add that according experts in US, home prices may not fall dramatically because most owners won't have to sell, but they predict home values will remain flat or slightly depressed for the next three or four years.

I feel similiar is going to be the case in Indian housing market, where prices if not fall at least will remain flat for the next three or four years.

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