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Newspaper
San Clemente Sun Post News
Location
San Clemente, California, United States of America
Date
Aug 25, 2012
Page
2
The piece recalls 20th century real estate booms from 1970s to 1990s, noting that debt and rising prices made many buyers rich while inflation eroded buying power. It contrasts cash savers with leveraged purchases and cites postwar trends, California markets, and a mixed 1986 outcome.
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