Evaluating housing on a relative-yield basis

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“The higher relative implicit yield on owner-occupied housing is yet one more positive element arguing in favor of the bottoming of housing demand,” argues Paul Kasriel in this quest post. Read on for his methodology and some interesting graphs. […]

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Be careful of hidden adversity

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Do not miss this one! It is not only very funny, but also conveys an investment truism. […]

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