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To: Torie
To my mind it shows that housing prices tracked inflation almost perfectly until they introduced the potentially erroneous "Owner's Equivalent Rent".
245 posted on 10/28/2006 1:15:36 PM PDT by GodGunsGuts
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To: GodGunsGuts

No, it is due to the decline in interest rates, particularly real interest rates.


249 posted on 10/28/2006 1:18:24 PM PDT by Torie
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