Dean Baker Misunderestimates Success for Misoverestimated Statistical Noise
Isn't there a commemorative plaque in the George W Bush library about faith based home ownership and how it restored America to glory days of past great generations? Surely Dean Baker is aware that...
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Turns out that the drop is located mainly in the South (whatever that means. Atlanta?), according to the report. Interesting. I also noticed that profits in the retail and manufacturing sectors are up...
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Yes, the mid 90s, the beginning of the housing bubble, were indeed the direct result of regulatory capture (will they never learn). Clever ideas, let the poor own homes instead of Section 8 rentals....
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The most interesting thing to me isn't the homeownership rate, but that rents continued to rise even as the vacancy rate remained high. It tends to confirm John Gilderbloom's argument that rents aren't...
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