4 ms·
> Case-Schiller ignores (among other things) that the size of houses has increased. Not true. From the Case Shiller methodology[0]: The main variable used fo
by pjmorris 7y ago
> Case-Schiller ignores (among other things) that the size of houses has increased.
Not true.
From the Case Shiller methodology[0]:
The main variable used for index calculation is the price change between two arms-length sales of the same single-family home.
I'd love to see the methodology page from the AEI article you linked, but I suspect it's not there.
[0] https://us.spindices.com/documents/methodologies/methodology-sp-corelogic-cs-home-price-indices.pdf?force_download=true https://us.spindices.com/documents/methodologies/methodology...