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Nikhil Wagh
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House Price Index for California vs New York

I created this chart to understand the correlation between New York and California House Price Index Over Time. Clearly, both indices follow a very similar trend line of growth over a long term period. What I found interesting was the noticeable discrepancy in trend lines between the years 2007 and 2017. Both indices dip for that period, but it seems like California's dip is much more pronounced than NY's. What do you think explains this discrepancy?

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alex Alex Damianou

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