India Sees Record Rise in House Prices as Affordable Units Get Little Relief

Housing prices in India are the highest in the world, according to the most recent research from London-based Lloyds TSB International Global Housing Market Review.  Prices in a country of 1.21 billion residents have increased 284 percent since 2001, after inflation. That number
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Fed still divided as Fisher sees no need for QE3 (Reuters)

Reuters – A third round of large-scale asset purchases by the Federal Reserve is not needed and would compound the difficulties of tightening monetary policy when the time finally comes, a top Fed official said on Thursday. Yahoo! News: Business News
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