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by astrange
224 days ago
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The housing crisis is limited to California and other blue states; most places have the opposite problem. Also, most US households are homeowners, which means housing prices going up increases their (imputed) income. > Is that chart controlling for number of incomes and hours worked? Why should it? It's bad practice to control for random things - that gets you collider bias. But see: https://fred.stlouisfed.org/graph/?g=cWvT https://fred.stlouisfed.org/series/LNS11300060 |
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