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Suroweicki explans why ever-rising housing prices may

posted by Jason Kottke   Oct 27, 2006

Suroweicki explans why ever-rising housing prices may be deceiving. “If you control for inflation and quality…real home prices barely budged between the eighteen-nineties and the nineteen-nineties. The idea that housing prices have nowhere to go but up is, in other words, a statistical illusion.”

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