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Publication Date: October 2003
Publisher: Center for Economic and Policy Research
Author(s): Dean Baker
Research Area: Social conditions
Keywords: House Price Index (HPI); Household income; Household formation
Type: Report
Coverage: United States
Abstract:
This paper analyzes the housing bubble study by the Joint Center for Housing Studies of Harvard University and concludes that none of its four major points should reassure homeowners about the future value of their property.