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Foreclosed Dumps Hurt Housing Prices
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http://money.cnn.com/2008/08/20/real_estate/subprime_homes_lead_downward_charge/index.htm?cnn=yes

Real estate experts say that a large number of abandoned and neglected properties are on the market, perhaps as much as 30% of the available listings, which harms the value of homes around them and further aggrievates the housing market price sag.

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