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CalculatedRisk Newsletter
Housing Predictions: Guesses and the Data

Housing Predictions: Guesses and the Data

What could cause inventories to increase?

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Nov 18, 2021
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CalculatedRisk Newsletter
CalculatedRisk Newsletter
Housing Predictions: Guesses and the Data
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About science, Richard Feynman once said (1 Minute video here):

First, we guess … Then we compute the consequences of the guess … to see what it would imply and then we compare the computation results to nature or we say compare to experiment or experience, compare it directly with observations to see if it works.

If it disagrees with experiment, it’s wro…

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