Bernanke U.S. housing market stumble endlessly stuck.

<P> The impact of the U.S. housing market bubble burst in the nation, even Fed Chairman Ben Bernanke also suffered, he bought a house four years ago has been devalued inevitable fate, he is currently the house prices have fallen by nearly .million. .</ P> <P> It http://finance. Hearing, Bernanke lives in Washington, a Capitol Hill area there are four rooms, an area of 2600 square foot house. .In May 2004 he was $ 839,000 to buy this building new housing. .However, after almost four years, according to real estate transactions with local intermediaries to say, this building houses may no longer be worth this much money. .</ P> <P> Bernanke is not the best time homebuyers, he lived one year after the region's house prices peaked, and he is not the only one touched by the hot property investment Americans cold. .His experience shows the subprime mortgage market turmoil led to this wave of house prices to fall, and now even the U.S. capital of some of the more wealthy people live in the area are also affected. .</ P> <P> Wheaton Massachusetts Institute of Technology economist, said, "Even if he was Fed chairman, will also be affected." He said Bernanke home values "may have risen to $ 1,100,000, .And now down to $ 840,000 may be. "</ P> <P> 54-year-old Bernanke was working in Washington since 2002, when he was a Green history classes during the chairmanship of the governing members of the Federal Reserve. .Bernanke point after two years of housing, it may just be the real estate peaked before the Capitol Hill area. .</ P> <P> real estate transaction records show Bernanke's next door to the house in July 2007 sold for $ 880,000, compared with three years ago, Bernanke housing high prices 4.9%. .A ground floor has four bedrooms, size, and housing conditions are very residential and Bernanke house, shouted in 2006, $ 988,000 unsold after five weeks ago to hang out $ 899,000 to re-price. .</ P> <P> According to the U.S. Bureau of Federal Housing Enterprise Oversight data, house prices in the U.S. capital as the five years between the third quarter of last year, up 96%, second only to Hawaii in the U.S. rose 100%. .Now, however, Washington has not escaped. .Capitol Hill area last year, median house prices have been $ 550,000 the previous year, fell to $ 545,000. .</ P> <P> Bernanke residential areas of real estate prices will enter the season in April when put to the test. .According to the U.S. real estate company Coldwell Banker data, this year, Capitol Hill area of about 90 homes for sale, early last year, more than five percent. .</ P>.