MR. OLINER [Stephen Oliner, Fed associate research director]: The biases referred to in that footnote were really technical biases in the construction of the two measures shown here, the rent measure and the price measure. Had we not adjusted for them, the rent-to-price ratio would have been much lower at the end point. So it would have looked more alarming. In part we think the published data have some technical problems that need to be taken care of before this analysis can be done in a way that is meaningful.
Dirty Fed manipulated data to hide housing bubble
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
Gavin Newsom's insane new executive order commands Californians to stay in their homes "until further notice" "except as...
Joe Rogan is yet another multimillionaire fleeing California’s insanity. Who’s going to be left to pay the bills?