An Analysis of The Harvard Center’s Case Against the Housing Bubble


 

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.