By The Tim on October 30, 2008
The Center for Economic and Policy Research has released another report on the prospects for building home equity over the next four years, and much like their April report, their conclusions are not good for current home buyers hoping to build short-term equity.
Despite the collapsing housing bubble and consequent fall in house prices in bubble [...]
Posted in Statistics | Tagged CEPR, fundamentals, home equity, library, negative equity
By The Tim on April 11, 2008
The Center for Economic and Policy Research came out with another great paper this month titled The Cost of Maintaining Ownership in the Current Crisis
Here’s an excerpt from the summary (emphasis mine):
The collapse of the bubble in the U.S. housing market is creating chaos in financial markets while throwing the economy into a recession. It [...]
Posted in Statistics | Tagged CEPR, fundamentals, government_meddling, library
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