Real estate tax break fuels housing frenzy Premium Content

Bubble contest entry: Do the math, then buy, buy, buy!

Editor's note: The Washington, D.C.-based Center for Economic and Policy Research is sponsoring an essay contest on "Why there is no housing bubble." The winner will win $1,000. Send a copy of your entry to contest@inman.com, and we will publish a selection of the entries on Inman News.

Here is one entry:

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