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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Amy J who wrote (18097)3/4/2004 12:31:26 PM
From: Lizzie TudorRead Replies (1) of 306849
 
and then call the real estate boom an "investment", not inflation.

Sorry for not following the entire train of these posts... the problem is that rentals are going down and doesn't rent reflect the *real* cost of living? I've done some thinking about this myself and while I'm not happy with the CPI in general it seems like housing prices to buy should be left off, to me.

Plus adding in CA real estate to the CPI would be really problematic with our siphoning prop 13. A mess, in general I'd say.
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