why U.S. Housing prices fell so much?

Here are 2 informative links, which answer the question – what are the reason behind sharp house prices fall in U.S.?

http://www.moneyweek.com/investments/property/three-reasons-why-us-house-prices-have-further-to-fall.aspx

http://hubpages.com/hub/Foreclosures–Sub-Prime-Loans–And-The-Real-Reason-The-US-Housing-Market-Is-In-Free-Fall

Thanks,
_Tejas.

Posted by email from Change Is The Rule (posterous)

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