[mEDITate-OR:
not realize that THIS index does NOT include "home values"....!
not realize that THIS index does NOT include "home values"....!
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Bcuz the numbers being used are for longer periods
and
probably bcuz we have not seen such massive home value declines in our lifetimes
so, arguably, in the past, it didn't matter significantly.
Bcuz the numbers being used are for longer periods
and
probably bcuz we have not seen such massive home value declines in our lifetimes
so, arguably, in the past, it didn't matter significantly.
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This Great Recession has blown most normal indexes off their normal validity.
Just as NAR did not include "foreclosures" in their monthly index
bcuz they thought that they were irrelevant - (and they were) !!
But, That was Then, and This is NOW.
This Great Recession has blown most normal indexes off their normal validity.
Just as NAR did not include "foreclosures" in their monthly index
bcuz they thought that they were irrelevant - (and they were) !!
But, That was Then, and This is NOW.
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Go to the Paper Money web site and look at the BIG chart.
No, that is not a suggestion, tis a requirement.
For a passing grade.
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The New “Household” Misery Index: August 2011
http://paper-money.blogspot.com/2011/10/new-household-misery-index-august-2011.html
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