Word: bubbliest
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Dates: during 2000-2009
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Just keep in mind that the housing market hasn't hit bottom. Looking at the gap between how much it costs to rent a place or to buy one, Deutsche Bank research analyst Lou Taylor concludes that in the bubbliest markets, renting is still the better short-term deal. Consider Sacramento, Calif., where rent runs about 40% of the monthly cost of buying, half of what it did a decade ago. Of course, not everyone can wait for the trough to become a homeowner. "If you just got married and your wife is pregnant with twins...
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