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Prof. Nouriel Roubini's view on the current housing market is referenced

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Excerpt from Associated Press -- "New York University economist Nouriel Roubini worries about bubbles in Switzerland, France, India, Indonesia, Turkey, Israel and Brazil. These countries have accelerating prices, rising price-to-income ratios and huge proportions of mortgage debt as a share of total household debt."

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Additional coverage appeared on Yahoo! Finance.