Tuesday, June 28, 2016

TheStreet: A Better Explanation of What Moves Real Estate

By SIMON CONSTABLE

What really drives house prices?

Low interest rates and loose regulation just don't seem to cut it. They only explain the short period starting around the turn of the millennium.

It could be currency. Or in the simplest terms, the real value of the dollar in terms of gold -- as in the gold bullion held by the SPDR Gold Shares (GLD)  exchange-traded fund -- has a huge impact on the trend in home prices. While it doesn't explain everything, it does explain at lot. Read more here.

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