The Housing Bubble in New England
Publication Date: January 2004
Publisher(s): Center for Economic and Policy Research
Author(s): Dean Baker
Keywords: House Price Index (HPI); Rental market; Home equity
Coverage: United States
This paper examines the recent run-up in home prices, which grew especially quickly in New England. It points out that this rise is not connected to market fundamentals and is more likely the result of a bubble.