Saturday, August 27, 2016
Friday, July 22, 2016
Friday, July 15, 2016
But over the long run, it hasn’t been. Despite solid price increases over the last few years, land and homes have actually been disappointing investments. It’s worth considering why.
Saturday, June 11, 2016
Rising home prices set off fears that real estate will become even more expensive, making it impossible ever to buy a home in a given city.
It’s easy to understand how such worries spread, but the historical record suggests that these fears are generally exaggerated. Cities with steep price increases today will probably have much smaller upticks in the future. And for the most part, differences in price increases among cities are well explained by short-term variations in employment growth.
Friday, May 20, 2016
Saturday, April 30, 2016