Thursday, September 12, 2013

Bill McBride — Lawler: Consistent with Other US Housing Reports, Negative Equity Estimates Vary Widely!

CR Note: This is from housing economist Tom Lawler. Lawler has been pointing out the inconsistency in US housing data; this time on negative equity.
Calculated Risk
Lawler: Consistent with Other US Housing Reports, Negative Equity Estimates Vary Widely!
Bill McBride

One of the biggest problems in doing "scientific" economics is the quality of the data. GIGO.


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