Saturday, September 17, 2005

Statistical Anomaly

This is a very nice article that showes that the price of houses is so out of whack that is 2 standard deviations form historical means. It really quite remarkable. It just shows you what can happen to asset prices when rates are kept at a rock bottom level for so long. More shame for Alan Greenspan.

>2Mu

1 Comments:

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2:26 PM  

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