real estate values: Damn the Torpedoes, Full Steam Ahead!!!
- 12/23/10 12:42 AM
There are a couple of recent and very good posts out there that discuss home values. Both make the point that home values are gone forever and well......I guess Tough Luck. One was even, and probably rightfully so, recommended for a feature. The problem I have with both analysis is that they use an overly simplified economic model. Post One uses data from the Case Shiller Index to support his conclusion. Sorry, not a Case Shiller fan here...I can't go into it, just have to trust me on that one. Post Two uses simple analogies to support his theory, which, assuming (2 comments)
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