Name: Are Homeowners in Denial about their House Values? Comparing Owner Perceptions with Transaction-Based Indexes (en Inglés)
SKU: 57675445
Price: 478.58 MXN
Availability: InStock
Author: Federal Reserve Board
ISBN: 9781503222953

portada Are Homeowners in Denial about their House Values? Comparing Owner Perceptions with Transaction-Based Indexes (en Inglés)

Are Homeowners in Denial about their House Values? Comparing Owner Perceptions with Transaction-Based Indexes (en Inglés)

Formato

Libro Físico

Editorial

Createspace

Autor

Federal Reserve Board

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

28x21.6x0.2 cm

Peso

0.09 kg.

ISBN13

9781503222953

Categorías

Propiedad y bienes raíces

Are Homeowners in Denial about their House Values? Comparing Owner Perceptions with Transaction-Based Indexes (en Inglés)

Federal Reserve Board (Autor) · Createspace · Tapa Blanda

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Reseña del libro "Are Homeowners in Denial about their House Values? Comparing Owner Perceptions with Transaction-Based Indexes (en Inglés)"

The boom and bust of the housing market has been a prominent feature of the household financial landscape in recent years. The exact magnitude of the house price swings depends on whether you ask homeowners how much their houses are worth at two points in time or use the change in a transaction-based house price index (HPI). During the boom, owner-reported values rose much more rapidly than the HPI, and after the bust, owner-reported values fell slightly less than the HPI. Individual homeowner 'errors' are estimated to explain about one-third of the different in aggregate changes in the housing stock as measured by the Survey of Consumer Finances and CoreLogic national HPI. In a panel of homeowners surveyed during the housing downturn, owner-reported changes in value do not systematically diverge from local house price index changes.