Monday, April 15, 2013

Housing Trends, Short and Long Term - NYTimes.com

Housing Trends, Short and Long Term - NYTimes.comIn assessing long-term price trends, he says, prospective home buyers ought to emphasize fundamental factors like inflation and construction costs, which he discusses in his first column. While inflation creates the illusion that real home prices are increasing, rising productivity in the construction industry often drives down the cost of housing.

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