August 8th, 2009 | by Eddie | published in Housing Market
What Caused the Housing Crisis – False Assumption 1: Real Estate Has Always Gone Up in Value, Thus It Will Continue to Go Up in Value
July 31st, 2009 | by Eddie | published in Housing Market
Macroeconomics Role in the Housing Crisis – Part 3
Not only did the macro data (with huge flaws at the local level), fail to foresee the crisis, but also the flawed macro data was “presumed” to be a trend line to extend into the future. A good example of this is at CNN Money [...]
July 30th, 2009 | by Eddie | published in Housing Market
In part 1, we learned that necessary data to make good real estate investment decisions has been lacking. If we look deeper we can see the problem revealed.
Statistically the MSA’s (Metropolitan Statistical Area) with the largest populations have the largest errors. This only makes sense since you will find a greater diversity as a larger [...]
