Karl E. Case, professor emeritus at Wellesley
Being a real estate broker, I hardly can let pass without comment an op-ed piece in the Times last week.
It was written by Karl E. Case, one of the two economists behind the S&P Case-Shiller Indices. Although I regularly object to putting any stock in those numbers for residents of Manhattan (because the statistics embrace whole regions and include only single-family homes), I don’t have reason to believe that Case has any particular axe to grind.
In his column, Case makes this remarkable statement: Continue reading
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