Housing Index blog post
The post on this economic blog from yesterday is a must-read:
Housing prices: Comparing Shiller and HPI
The author discusses the fundamental issues with the Shiller housing index and HPI index and how they are erroneous indicators of pricing and market movement.
Although not all of his posts are related to housing, the author is very good. Worth checkint out each morning!
Housing prices: Comparing Shiller and HPI
The author discusses the fundamental issues with the Shiller housing index and HPI index and how they are erroneous indicators of pricing and market movement.
Although not all of his posts are related to housing, the author is very good. Worth checkint out each morning!
Comments
If he weren't such a perma-bear gold-bug, I'd take him a little more seriously, but I do appreciate his unique perspective and data-oriented analysis.