Desolator
http://www.macrobusiness.com.au/2011/08/unemployment-and-house-prices-revisited/
"In three of the cases – the US, UK and Ireland – declines in home values began 6 to 9 months prior to unemployment rising. In the other two cases – NZ and Spain – the declines in home values more or less occurred simultaneously with the rises in unemployment.
In no case did unemployment rise before home prices began falling"
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Desolatorhttp://www.macrobusiness.com.au/2011/08/unemployment-and...
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