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	<title>Crikey &#187; housing slump</title>
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	<link>http://www.crikey.com.au</link>
	<description>now with extra source</description>
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		<item>
		<title>Rental pain shows no sign of easing</title>
		<link>http://www.crikey.com.au/2008/05/02/rental-pain-shows-no-sign-of-easing/</link>
		<comments>http://www.crikey.com.au/2008/05/02/rental-pain-shows-no-sign-of-easing/#comments</comments>
		<pubDate>Thu, 01 May 2008 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy business]]></category>
		<category><![CDATA[housing slump]]></category>
		<category><![CDATA[RBA]]></category>
		<category><![CDATA[rental crisis]]></category>

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		<description><![CDATA[The poor housing approvals for March are bad news not only for the housing market, but also for renters and the cost of living, writes <b>Glenn Dyer</b>.]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2008/05/02/rental-pain-shows-no-sign-of-easing/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Housing activity takes a dive</title>
		<link>http://www.crikey.com.au/2008/05/01/housing-activity-takes-a-dive/</link>
		<comments>http://www.crikey.com.au/2008/05/01/housing-activity-takes-a-dive/#comments</comments>
		<pubDate>Wed, 30 Apr 2008 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[ABS]]></category>
		<category><![CDATA[Economy business]]></category>
		<category><![CDATA[housing approvals]]></category>
		<category><![CDATA[housing slump]]></category>

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		<description><![CDATA[Activity in the Australian home building industry dropped in March, driven by a sharp fall in new house approvals, writes <b>Glenn Dyer</b>.]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2008/05/01/housing-activity-takes-a-dive/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Crikey Says</title>
		<link>http://www.crikey.com.au/2008/05/01/crikey-says/</link>
		<comments>http://www.crikey.com.au/2008/05/01/crikey-says/#comments</comments>
		<pubDate>Wed, 30 Apr 2008 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Crikey Says]]></category>
		<category><![CDATA[Economy business]]></category>
		<category><![CDATA[housing slump]]></category>
		<category><![CDATA[rates]]></category>
		<category><![CDATA[RBA]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[We live in strange and contradiction-laden times.]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2008/05/01/crikey-says/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Bricklayer Index: US housing crisis worse than ever</title>
		<link>http://www.crikey.com.au/2008/04/16/the-bricklayer-index-us-housing-crisis-worse-than-ever/</link>
		<comments>http://www.crikey.com.au/2008/04/16/the-bricklayer-index-us-housing-crisis-worse-than-ever/#comments</comments>
		<pubDate>Tue, 15 Apr 2008 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy business]]></category>
		<category><![CDATA[foreclosures]]></category>
		<category><![CDATA[housing slump]]></category>
		<category><![CDATA[US economy]]></category>
		<category><![CDATA[us recession]]></category>

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		<description><![CDATA[America's housing depression continues to deepen, and could worsen in 2009, according to a leading rating agency, writes <b>Glenn Dyer</b>.]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2008/04/16/the-bricklayer-index-us-housing-crisis-worse-than-ever/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>More US banks succumb to housing slump</title>
		<link>http://www.crikey.com.au/2008/04/15/more-us-banks-succumb-to-housing-slump/</link>
		<comments>http://www.crikey.com.au/2008/04/15/more-us-banks-succumb-to-housing-slump/#comments</comments>
		<pubDate>Mon, 14 Apr 2008 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[credit crunch]]></category>
		<category><![CDATA[Economy business]]></category>
		<category><![CDATA[housing slump]]></category>
		<category><![CDATA[us banks]]></category>
		<category><![CDATA[wachovia]]></category>

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		<description><![CDATA[In the past week, two more major US banks have been forced to raise new capital, cut dividends and curtail lending to stay alive, writes <b>Glenn Dyer</b>. ]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2008/04/15/more-us-banks-succumb-to-housing-slump/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Are highly leveraged homeowners about to crash?</title>
		<link>http://www.crikey.com.au/2008/04/04/are-highly-leveraged-homeowners-about-to-crash/</link>
		<comments>http://www.crikey.com.au/2008/04/04/are-highly-leveraged-homeowners-about-to-crash/#comments</comments>
		<pubDate>Thu, 03 Apr 2008 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy business]]></category>
		<category><![CDATA[house prices]]></category>
		<category><![CDATA[housing slump]]></category>
		<category><![CDATA[property investors]]></category>
		<category><![CDATA[subprime]]></category>

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		<description><![CDATA[Australian home buyers are living in some sort of fool’s paradise if they think that the affluent Sydney, Perth and Melbourne property markets are indestructible, writes <b>Adam Schwab</b>.]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2008/04/04/are-highly-leveraged-homeowners-about-to-crash/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>We&#8217;re all dooooooomed: a finance wrap</title>
		<link>http://www.crikey.com.au/2008/03/27/were-all-dooooooomed-a-finance-wrap/</link>
		<comments>http://www.crikey.com.au/2008/03/27/were-all-dooooooomed-a-finance-wrap/#comments</comments>
		<pubDate>Wed, 26 Mar 2008 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[Economy business]]></category>
		<category><![CDATA[housing slump]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[US economy]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Just when it looked like the pall of gloom had been lifted from investors around the world, the black clouds of doom rolled back in, writes <b>Glenn Dyer</b>.]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2008/03/27/were-all-dooooooomed-a-finance-wrap/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Looking at the subprime crisis with rose-coloured glasses</title>
		<link>http://www.crikey.com.au/2008/02/25/looking-at-the-subprime-crisis-with-rose-coloured-glasses/</link>
		<comments>http://www.crikey.com.au/2008/02/25/looking-at-the-subprime-crisis-with-rose-coloured-glasses/#comments</comments>
		<pubDate>Sun, 24 Feb 2008 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[case western reserve]]></category>
		<category><![CDATA[case western reserve university]]></category>
		<category><![CDATA[Housing Price Index]]></category>
		<category><![CDATA[housing slump]]></category>
		<category><![CDATA[hurricane katrina]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Many US investors have turned a blind eye to the continuing slump in the housing industry, as policymakers have consistently misread the damage the slump is doing to financial markets, writes <b>Glenn Dyer</b>.]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2008/02/25/looking-at-the-subprime-crisis-with-rose-coloured-glasses/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>The US stockmarket enters bear territory</title>
		<link>http://www.crikey.com.au/2008/01/18/the-us-stockmarket-enters-bear-territory/</link>
		<comments>http://www.crikey.com.au/2008/01/18/the-us-stockmarket-enters-bear-territory/#comments</comments>
		<pubDate>Thu, 17 Jan 2008 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[bear territory]]></category>
		<category><![CDATA[federal reserve chairman]]></category>
		<category><![CDATA[history wall]]></category>
		<category><![CDATA[housing slump]]></category>
		<category><![CDATA[Merrill Lynch]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[The US stockmarket is moving rapidly towards bear territory after plunging more than 300 points on the back of big losses from Merrill Lynch and Washington Mutual, writes <b>Glenn Dyer</b>.]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2008/01/18/the-us-stockmarket-enters-bear-territory/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>It&#8217;ll be a recession: Morgan Stanley</title>
		<link>http://www.crikey.com.au/2007/12/11/itll-be-a-recession-morgan-stanley/</link>
		<comments>http://www.crikey.com.au/2007/12/11/itll-be-a-recession-morgan-stanley/#comments</comments>
		<pubDate>Mon, 10 Dec 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[fed cuts rates]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[housing slump]]></category>
		<category><![CDATA[us economics]]></category>
		<category><![CDATA[wall street investment]]></category>

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		<description><![CDATA[Twenty-four hours ahead of tomorrow's decision on US interest rates by the Fed (announced at 6.15 am tomorrow, our time) a leading Wall Street investment bank is now predicting a 'mild' recession, writes Glenn Dyer.]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2007/12/11/itll-be-a-recession-morgan-stanley/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Doom and gloom wrap: more bad news from the US</title>
		<link>http://www.crikey.com.au/2007/11/15/doom-and-gloom-wrap-more-bad-news-from-the-us/</link>
		<comments>http://www.crikey.com.au/2007/11/15/doom-and-gloom-wrap-more-bad-news-from-the-us/#comments</comments>
		<pubDate>Wed, 14 Nov 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[home depot]]></category>
		<category><![CDATA[housing slump]]></category>
		<category><![CDATA[subprime mortgage]]></category>
		<category><![CDATA[us retail sales]]></category>
		<category><![CDATA[Wal Mart]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Wall Street has a dead cat bounce one day, but returned to reality the next as more write-downs are revealed by banks and a big US state fund becomes embroiled in the subprime disaster, writes Glenn Dyer.]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2007/11/15/doom-and-gloom-wrap-more-bad-news-from-the-us/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>US Fed will cut rates as housing slide continues</title>
		<link>http://www.crikey.com.au/2007/10/31/us-fed-will-cut-rates-as-housing-slide-continues/</link>
		<comments>http://www.crikey.com.au/2007/10/31/us-fed-will-cut-rates-as-housing-slide-continues/#comments</comments>
		<pubDate>Tue, 30 Oct 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[consumer sentiment index]]></category>
		<category><![CDATA[house prices]]></category>
		<category><![CDATA[housing slump]]></category>
		<category><![CDATA[robert shiller]]></category>
		<category><![CDATA[us consumer confidence]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[The US Federal Reserve will cut interest rates tomorrow after getting a couple of reminders of the damage the housing slump is doing to the broader economy, reports Glenn Dyer.]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2007/10/31/us-fed-will-cut-rates-as-housing-slide-continues/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>The US housing slump: a gorilla in the election room</title>
		<link>http://www.crikey.com.au/2007/10/18/the-us-housing-slump-a-gorilla-in-the-election-room/</link>
		<comments>http://www.crikey.com.au/2007/10/18/the-us-housing-slump-a-gorilla-in-the-election-room/#comments</comments>
		<pubDate>Wed, 17 Oct 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[federal reserve chairman]]></category>
		<category><![CDATA[federal reserve chairman ben bernanke]]></category>
		<category><![CDATA[housing slump]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[US Federal Reserve]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[It’s the gorilla in the back of the room that John Howard, Peter Costello, Kevin Rudd and Wayne Swan haven't even noticed. And it's not our interest rates and a possible rise next month. The big animal being ignored is the US housing slump, writes Glenn Dyer.]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2007/10/18/the-us-housing-slump-a-gorilla-in-the-election-room/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>US headed for housing depression</title>
		<link>http://www.crikey.com.au/2007/09/28/us-headed-for-housing-depression/</link>
		<comments>http://www.crikey.com.au/2007/09/28/us-headed-for-housing-depression/#comments</comments>
		<pubDate>Thu, 27 Sep 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[census bureau report]]></category>
		<category><![CDATA[housing slump]]></category>
		<category><![CDATA[median house price]]></category>
		<category><![CDATA[median price]]></category>
		<category><![CDATA[us census bureau]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Official figures showed that the US economy grew at a strong 3.8% in the June quarter, before all the subprime turmoil hit in July and August, but the US housing slump continues to deepen.]]></description>
		<wfw:commentRss>http://www.crikey.com.au/2007/09/28/us-headed-for-housing-depression/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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