Housing Bubble
PDF File
The document you have selected is provided in Adobe Acrobat PDF format. There are two ways to view this document:
You must download the Adobe Acrobat Reader. When complete, you can open any PDF file.
Or
Use Adobe's PDF conversion tool to view a PDF file in HTML
Bubble, Bubble, Where’s the Housing Bubble?
60 pages, 305 KB
Margaret Hwang Smith, Gary Smith
Department of Economics, Pomona College
Paper uses fresh methodology which treats housing as an investment to determine fundamental values. Finds no housing bubble in 9 of 10 Urban Markets and claims that other methods which indicate a housing bubble are flawed