{"id":10318,"date":"2010-02-28T18:11:24","date_gmt":"2010-02-28T18:11:24","guid":{"rendered":"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/are-increasing-housing-prices-a-good-thing\/"},"modified":"2010-02-28T18:11:24","modified_gmt":"2010-02-28T18:11:24","slug":"are-increasing-housing-prices-a-good-thing","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/libertarianism\/are-increasing-housing-prices-a-good-thing.php","title":{"rendered":"Are Increasing Housing Prices a Good Thing?"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2010\/02\/23\/AR2010022301677.html\">latest Case-Shiller data<\/a> indicate that housing prices increased in December for the 7th straight month.&nbsp; Most news accounts regarded this as good news.<\/p><p>But between 2000 and 2006, housing prices rose 80-90 percent, and they are still 35-40 percent above the 2000 level.&nbsp; If most of the 2000-2006 increase was a bubble, then housing prices should be lower, not higher, based on fundamentals.<\/p><p>In that case, the U.S. is continuing to overinvest in housing.&nbsp; So the higher prices are bad news.<\/p><p>This does not imply that policy should attempt to lower housing prices; it should just not care one way or the other.<\/p><div><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" src=\"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/wp-content\/plugins\/wp-o-matic\/cache\/9f78a_6379328854053402400-3694714923434434397?l=jeffreymiron.blogspot.com\" alt=\"\" style=\"padding-left:10px; padding-right: 10px;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The latest Case-Shiller data indicate that housing prices increased in December for the 7th straight month.&nbsp; Most news accounts regarded this as good news.But between 2000 and 2006, housing prices rose 80-90 percent, and they are still 35-40 percent above &hellip; <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/libertarianism\/are-increasing-housing-prices-a-good-thing.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-10318","post","type-post","status-publish","format-standard","hentry","category-libertarianism"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/10318"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=10318"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/10318\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=10318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=10318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=10318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}