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March 1, 2011 at 11:58 AM in reply to: Going on the radio this afternoon… quick questions for the piggs #672299
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ParticipantYou are right about house price appreciation being directly related to income appreciation. Chris Thornberg (formerly UCLA Anderson Forecast) always pointed out that two studies showed a .01% and .02% increase in house prices adjusted to income. The .01% study used 400 years worth of house prices.
Thornberg was one of the few economists that predicted a recession. He predicted a change of one at UCLA (because of politics), and he flat out predicted a severe recession in his first forecast at Beacon.
March 1, 2011 at 11:58 AM in reply to: Going on the radio this afternoon… quick questions for the piggs #672361ParticipantYou are right about house price appreciation being directly related to income appreciation. Chris Thornberg (formerly UCLA Anderson Forecast) always pointed out that two studies showed a .01% and .02% increase in house prices adjusted to income. The .01% study used 400 years worth of house prices.
Thornberg was one of the few economists that predicted a recession. He predicted a change of one at UCLA (because of politics), and he flat out predicted a severe recession in his first forecast at Beacon.
March 1, 2011 at 11:58 AM in reply to: Going on the radio this afternoon… quick questions for the piggs #672970ParticipantYou are right about house price appreciation being directly related to income appreciation. Chris Thornberg (formerly UCLA Anderson Forecast) always pointed out that two studies showed a .01% and .02% increase in house prices adjusted to income. The .01% study used 400 years worth of house prices.
Thornberg was one of the few economists that predicted a recession. He predicted a change of one at UCLA (because of politics), and he flat out predicted a severe recession in his first forecast at Beacon.
March 1, 2011 at 11:58 AM in reply to: Going on the radio this afternoon… quick questions for the piggs #673108ParticipantYou are right about house price appreciation being directly related to income appreciation. Chris Thornberg (formerly UCLA Anderson Forecast) always pointed out that two studies showed a .01% and .02% increase in house prices adjusted to income. The .01% study used 400 years worth of house prices.
Thornberg was one of the few economists that predicted a recession. He predicted a change of one at UCLA (because of politics), and he flat out predicted a severe recession in his first forecast at Beacon.
March 1, 2011 at 11:58 AM in reply to: Going on the radio this afternoon… quick questions for the piggs #673455ParticipantYou are right about house price appreciation being directly related to income appreciation. Chris Thornberg (formerly UCLA Anderson Forecast) always pointed out that two studies showed a .01% and .02% increase in house prices adjusted to income. The .01% study used 400 years worth of house prices.
Thornberg was one of the few economists that predicted a recession. He predicted a change of one at UCLA (because of politics), and he flat out predicted a severe recession in his first forecast at Beacon.
ParticipantWon’t happen. Every Senator and Congressman owns two houses.
ParticipantWon’t happen. Every Senator and Congressman owns two houses.
ParticipantWon’t happen. Every Senator and Congressman owns two houses.
ParticipantWon’t happen. Every Senator and Congressman owns two houses.
ParticipantWon’t happen. Every Senator and Congressman owns two houses.
February 25, 2010 at 3:41 PM in reply to: Mortgages in walkable areas less likely to default. #517838ParticipantI think the sample may be skewed. I do not see anything about Las Vegas, Miami, or San Diego condos.
February 25, 2010 at 3:41 PM in reply to: Mortgages in walkable areas less likely to default. #517979ParticipantI think the sample may be skewed. I do not see anything about Las Vegas, Miami, or San Diego condos.
February 25, 2010 at 3:41 PM in reply to: Mortgages in walkable areas less likely to default. #518413ParticipantI think the sample may be skewed. I do not see anything about Las Vegas, Miami, or San Diego condos.
February 25, 2010 at 3:41 PM in reply to: Mortgages in walkable areas less likely to default. #518507ParticipantI think the sample may be skewed. I do not see anything about Las Vegas, Miami, or San Diego condos.
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