Pricey homes in these 15 US cities put them at risk of a housing crisis

The American housing bubble that wreaked havoc on the global economy was a long time in the making. Largely the product of exploitative lending practices that put people in homes they could not afford, the housing market bust dragged the median American home value down by 37% – from a pre-recession high of $230,000 in the third quarter of 2005 to a post-recession low of $145,000 in the first quarter of 2011.

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