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Thursday, September 04, 2003

Online Opinion is calling for September contributions
Do we have too many eggs in the housing basket?
Has the housing bubble caused an affordability crisis? What can be done about it and what effects will any action have on the rest of the economy and the environment? Are we too concerned with property at the expense of more productive investment?
Please send submissions to the editor@onlineopinion.com.au

Deflation 2004 AD Home schemes, broken dreams

The cardboard signs sprout from yards, trees and telephone poles: "We Buy Houses." "Cash for Homes." "Any condition." "Quick closing."
The signs promise an easy way for homeowners to unload problem houses in a hurry. But they also represent an industry that allows a few smooth operators to enrich themselves at the expense of working-class people and neighborhoods.

· Questionable home loan deals are contributing to record foreclosures. [The Cincinnati Enquirer]
· Australia's love of property is taking over traditional social values [Onlineopinion ]