tag:blogger.com,1999:blog-38605667013782568.post140176913660016189..comments2023-10-23T12:08:01.395-07:00Comments on GASG: Why house prices are up (for now)Gerardhttp://www.blogger.com/profile/02736538931919237370noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-38605667013782568.post-4508701453915971682013-09-10T20:12:41.689-07:002013-09-10T20:12:41.689-07:00I think the corelogic data is too smoothed out, bu...I think the corelogic data is too smoothed out, but look at the tail end where the interest rates spike up and the house prices spike up as well.Gerardhttps://www.blogger.com/profile/02736538931919237370noreply@blogger.comtag:blogger.com,1999:blog-38605667013782568.post-21718353496499475702013-09-05T19:52:15.552-07:002013-09-05T19:52:15.552-07:00I don't see any historical correlation of inte...I don't see any historical correlation of interest rates and housing price "headfakes" in that graph. There must be something else that drove consistent housing price appreciation since 1976 (till 2008) regardless of what interest rates where doing. I think creative financial instruments and the Community Reinvestment Act play a larger role...that and a depreciating dollar. I still like property (in the right place) as an investment even now. Am I f'd up? Think about it...the US is still a less f'd up place to live than many other parts of the world. <br /><br />Genius<br />Anonymousnoreply@blogger.com