5 ms·
I've been wondering if they have considered survivor bias. It sounds like the most basic thing, but easily forgotten. Now this, on housing prices, makes me rat
by bubblewrap 7y ago
I've been wondering if they have considered survivor bias. It sounds like the most basic thing, but easily forgotten.
Now this, on housing prices, makes me rather doubt it: "We combine the long-run house price series"
If you just look at house prices, aren't you overlooking the risk of losing your house (damage, accidents, repairs you can't afford), and overlooking how much people have to keep investing in their houses to keep the prices up?