Thursday, June 25, 2015

OCHN: Housing prices are expensive, affordable, stable, and boring

Stable house prices with low volatility isn’t very exciting, but it’s the best thing possible for residential real estate.

The norm in California housing over the last 40 years has been extreme volatility. We had one stretch in the mid 1990s when prices were closely tethered to...
Housing prices are expensive, affordable, stable, and boring

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