Lawler: The Household Conundrum, Part I: The CPS/ASEC Data

From housing economist Tom Lawler: The Household Conundrum, Part I: The CPS/ASEC Data A major challenge facing housing analysts is the lack of any timely and accurate time series of the characteristics of the housing market, including both the number of and the characteristics of occupied or vacant housing units. Instead, analysts are faced with numerous and often conflicting household and/or housing stock estimates based on different surveys conducted by different areas of the Census Bureau. For analysts trying to assess which, if any, of the various surveys (which are based on samples)......(read more)

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