The Future of Housing Markets by Leland S Burns

The Future of Housing Markets by Leland S Burns

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Summary

This book's title betrays at once that it belongs in the forecast literature. The entry "forecast" includes references to prediction and prophecy without differentiation, while "projection" is defined, among other things, as prediction or "advance estimate."

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The Future of Housing Markets by Leland S Burns

This book's title betrays at once that it belongs in the forecast literature. Peering into the future is a notoriously treacherous venture. Nevertheless, it has become a prac- tice endemic to the business and government worlds as well as to academia, especially economics. We like to be- lieve that the enormous growth of forecasting in the face of some disappointments reflects real needs of decision- makers (as well as the general public's well-warranted curiosity about the future). Fashion alone could hardly explain the sustained increase in the market for forecast services during the past few decades. Some professionals insist on fine distinctions be- tween the forecast, the projection, the prediction-and the prophecy. The differences are more semantic than real, as the mandatory resort to Webster confirms. The entry forecast includes references to prediction and prophecy without differentiation, while projection is defined, among other things, as prediction or advance estimate. We use mainly the term projections because v PREFACE vi much of our statistical research is based on forward es- timates of population and households by the U.S. Bu- reau of the Census which the bureau itself, the greatest fountain of data in the world, records as projections.
SKU Unavailable
ISBN 13 9781468451634
ISBN 10 1468451634
Title The Future of Housing Markets
Author Leland S Burns
Series Environment Development And Public Policy: Cities And Development
Condition Unavailable
Binding Type Paperback
Publisher Springer-Verlag New York Inc.
Year published 2012-03-13
Number of pages 200
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.