Die FED Forscher verneinen die Existenz einer Blase

verfasst von kingsolomon, 24.06.2004, 10:54

-->muss sich um"Einzelbeobachtungen" handlen *gg*

1. Introduction
The rapid increase in home prices over the past several years
has raised concerns about the existence of a speculative bubble
in this asset market. A closely related concern—irrespective of
any existing bubble—is whether home prices are susceptible to
a steep decline that could have a severe impact on the broader
economy.
Indeed, home prices have been rising rapidly. Since 1995,
real home prices have increased about 36 percent, roughly
double the increase of previous home price booms in the late
1970s and late 1980s (Chart 1).1 Moreover, home prices
• Home prices have been rising strongly since the
mid-1990s, prompting concerns that a bubble
exists in this asset class and that home prices
are vulnerable to a collapse that could harm the
U.S. economy.
• A close analysis of the U.S. housing market in
recent years, however, finds little basis for such
concerns. The marked upturn in home prices is
largely attributable to strong market
fundamentals: Home prices have essentially
moved in line with increases in family income
and declines in nominal mortgage interest rates.
<ul> ~ Das ganze gelehrte Stück </ul>

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gesamter Thread:

• Wer spricht da von 'Bubble' - die Blase ist schon am Platzen: - Emerald, 24.06.2004, 07:12
  • Die FED Forscher verneinen die Existenz einer Blase - kingsolomon, 24.06.2004, 10:54