2014-01-03
acting-man.com / By Ramsey Su / January 3, 2014
Debunking Real Estate Myths – Part 1: House Price Indexes
Real estate bubble, sub-prime mortgages, securitized products and their derivatives were largely responsible for the ultimate collapse, leading us the the economic conditions of today. Policy makers and investors alike were, and still are, basing their actions on a false set of commonly accepted myths.
The first example is provided by the many different House Price Indexes. Borrowing a table from my cyber-friendCalculated Risk, here are the most recent changes in the indexes put together by various different sources:
House price increases according to a variety of sources
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