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...Of these, a revival in housing looks like the surest bet, only requiring you to believe that rate cuts will help as much as rises have already hurt....
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...When the masochist asks the sadist to hurt him, the obvious answer is: “No.” edward.luce@ft.com...
...It’s also the period during which the structure of 30-year loan payments hurts most: since interest is charged on the outstanding loan amount, more of each payment covers that, not equity, in those early...
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