Buy custom Home Price Bubble
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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1444 |
Essay's paper body
(Baker, D. 2002)
Constructing an index of home prices across the nation or a region is complex, because home sales do not occur in centralized markets such as corporate equity transactions. Moreover, the price index used can have dramatic ramifications on the assessment of whether a home price bubble exists...
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Therefore it was helpful to begin our analysis by discussing the properties of the four principal home prices series used to measure national trends in home prices. This trend consists of the median price of existing homes sold, price of new homes sold, repeat sales price index, and constant quality new home price index...
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General points of the essay
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