Is Buying A House Overrated?
The Nobel Laureate who co-created the way our nation measures home prices says that over the long run, they don't increase much. And when they do, it can mean a bubble. Are we in one now?
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The latest S&P/Case-Shiller Index numbers drop today, giving us a peek at the direction of home values. The index tracks national home prices. It's an important indicator, but it's only really finance nerds who talk about it, which is weird because Americans hold about of their wealth in their houses. That's about a quarter of their entire net worth. The Dow Jones Industrial Average, which tracks stock prices, gets a lot of attention — but for many
