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New study reveals why housing booms and busts are built into the system
- April 7, 2026 at 9:30 PM
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A new study shows that the ups and downs in house prices are far more dramatic than most people think—and that government policies play a big role in making them happen. The researchers analyzed housing markets in 23 OECD countries from 1990 to 2019. They found that during boom-and-bust periods, house prices changed by almost 6% a year, compared to a long-term trend of just 2.6%.
Originally published at Phys.org