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Discuss what the bubbles in stock and commercial real estate prices in 1927-29 and house prices in 2000-06 had in common and how they differed
Discuss what the bubbles in stock and commercial real estate prices in 1927-29 and house prices in 2000-06 had in common and how they differed in terms of speculation, leverage, financial innovation, regulations, and the Fed's response to the bursting of those bubbles.
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