A few morning linksWhy are homes in some cities outrageously
expensive, while those in other cities easily affordable? In attempting to
answer these questions, I found that a simple and intuitive model of the housing
market does a remarkably accurate job of predicting median prices.
Efficient Frontier
Is there a housing bubble? Why are homes in some cities outrageously expensive, while those in other cities easily affordable? In attempting to answer these questions, I found that a simple and intuitive model of the housing market does a remarkably accurate job of predicting median prices. This model allows us to think more clearly about the state of today’s residential markets. The Onion (some bad language here) Posted: Wed - April 13, 2005 at 09:14 AM | |