Our statistical model would have predicted a correction by mid-2006
on shares and bonds, but one asset class is bigger than the two combined. Put together, the world’s homes are worth over $200trn. House prices are crucial harbingers of economic trends: the last time they fell across the rich world, it set off the deepest downturn in decades.
The impact of each of these variables often depends on the others. To combine them, we used a machine-learning algorithm called a random forest. This method creates a “forest” of “decision trees”, each containing a series of yes/no choices such as “Hasbeen rising?” or “Are price-to-rent ratios below the long-run average?”, and averages the output of each tree.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Gold jumps to its highest price in six years as global risks riseNew U.S. sanctions on Iran added to uncertainty in global markets, bolstering gold’s appeal as a haven.
Baca lebih lajut »
These photos of the Airbnb Luxe properties — like that $1 million island — will blow your mind with their beauty (and price tags)The new luxury rentals include a French Polynesian island for $150,000 a night
Baca lebih lajut »
Take a tour of Mark Zuckerberg's gigantic $100 million property in HawaiiThe tech billionaire has 750-acres on Kaua'i
Baca lebih lajut »
Lebanese town bans Muslims from buying, renting propertyBEIRUT (AP) — Mohammed Awwad and his fiancee, both Muslims, recently found an affordable apartment for rent online in a town in Lebanon, southeast of Beirut. The 27-year-old journalist...
Baca lebih lajut »
Washington could set the pace for Chinese propertyHome prices are notching up annual increases of nearly 11%, in spite of restrictions and a cooling economy. Real estate, which drives as much as a fifth of GDP, is one of Beijing’s most powerful levers to crank up growth. The trade war will determine how forcefully it is used.
Baca lebih lajut »
One big mistake you’re likely making when you brew coffee — and the easy $15 solutionThe best coffee maker, coffee grinder and other items to buy for great coffee at home
Baca lebih lajut »