CHART OF THE DAY: New York Homeowners, Look Out Below!

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Think the housing market is bad in New York City? It is! But it could be a lot worse. Going back to 2006, we still haven’t matched the decline for the rest of the country, according to the Case Shiller 20 City Composite. And pray we don’t end up like Las Vegas. Hope that all those stories about the return of the megabonus are true.

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