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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: neolib who wrote (265134)7/30/2010 10:24:41 AM
From: Les H of 306849
 
The numbers are always fake. They always revise down old numbers to make the new look better. The farther back they revise down, the less it will have on the market. They revised down GDP for three years while revising up personal income over the same period. How does that make sense? Less output but more income. They added more hedonic adjustments to inflate the dollar value of goods sold.
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