tag:blogger.com,1999:blog-5880610.post111906663829667461..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: Economist on global housing bubbleSteve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5880610.post-1119278408628887482005-06-20T10:40:00.000-04:002005-06-20T10:40:00.000-04:00I've heard of claims like those mentioned by ECCL1...I've heard of claims like those mentioned by <B>ECCL10-2</B>, and I'm not sure I believe them.<BR/><BR/>First, note that the article is talking about price appreciation, not some kind of notional "total return," which would include the "dividend" of an investment in residential housing (namely, the rental value of the unit, implicit in the case of owner-occupied housing).<BR/><BR/>Second, the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-1119109132611974922005-06-18T11:38:00.000-04:002005-06-18T11:38:00.000-04:00This link gives some price history over 345 years ...This link gives some price history over 345 years in Holland. Average real growth: 0.2%<BR/><BR/>http://tinyurl.com/d6728Anonymousnoreply@blogger.com