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Mortgage crisis hits even affluent Palo Altans
Original post made
on Aug 10, 2007
Even affluent, good-credit-risk Palo Altans are feeling spinoff effects of the national and international collapse of the subprime mortgage market. Local experts told the Weekly today that even the financially fortunate are not immune and that the subprime collapse may even affect the venture-capital market and hence start-up businesses.
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posted Friday, August 10, 2007, 7:12 PM