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Too Much Bubbly at the Fed?

Bookmark and Share Report Misuse or Glitches

Publication Date: July 2004

Publisher(s): Center for Economic and Policy Research

Author(s): Dean Baker

Topic: Social conditions (Housing)

Keywords: Home improvement; House Price Index (HPI); Vacancy rate

Type: Report

Coverage: United States


This paper shows that the Federal Reserve Bank of New York study attributing part of the increase in housing prices to lower interest rates is contradicted by available data.