Money and Finance
Why Home Prices Change (or Don’t) – By Robert Shiller
WHAT prices will today’s home buyers get if they sell a decade from now?
Most people live in their home for many years. They don’t need to view it as an investment at all, but if they do, they surely need a long forecasting horizon.
The problem is that modern economics has a poor understanding of past movements in home prices. And that makes the task of predicting the state of the market in 2023 challenging, at the very least. Still, we can learn something by analyzing the factors that affect home prices in general.
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Gr-neam Reflections: 09/03/2013 - First-time Homebuyer Assistance 2.0
Private equity’s entrance into the single family home market coincided with the acceleration in home prices over the last year and a half. Early returns were impressive, but rising values and cut-throat competition for properties has had a self-limiting...
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Roumell Q2 2013 Letter: Price Trumps Economic Forecasting
Price Trumps Economic Forecasting In July 2009, the very popular macroeconomic investment strategist Marc Faber predicted that the United States was about to enter a period of hyperinflation approaching the levels of Zimbabwe. PIMCO’s Bill Gross in...
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A New Housing Boom? Don’t Count On It – By Robert Shiller
WE’RE beginning to hear noises that we’ve reached a major turning point in the housing market — and that, with interest rates so low, this is a rare opportunity to buy. But are such observations on target? It would be comforting if they were. Yet...
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Weekly Roundup - October 17, 2015
This past week was a bit bittersweet since it involved leaving home yet again, but luckily it's only 4 hours from home this time and in a much better location. Just outside of Shreveport/Bossier City, Louisiana. I haven't been in this area...
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Merry Christmas!
Merry Christmas everyone and I hope that wherever you are, you're enjoying it with friends and loved ones. I'm home with my wife today and we'll be heading over to my mom's later on. Hopefully I'll still be home tomorrow...
Money and Finance