US home prices rise strong 12.1 percent in June

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  • Hamath Omaha, NE
    Aug. 28, 2013 4:22 a.m.

    12% higher?? That type of growth in prices on housing just means that the former owner is robbing from the future owner and the bank is getting a bit of a cut too along with of course... the realtor. One thing that makes it work is that the robbery takes 30 years or so and is a small amount in comparison to the loan itself.