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Download the monthly Case-Shiller house price index for Los Angeles from the St. Louis Fed (FRED II). Choose the version that is not seasonally adjusted,

Download the monthly Case-Shiller house price index for Los Angeles from the St. Louis Fed (FRED II). Choose the version that is not seasonally adjusted, and get all data, from about 1987 through the last available data point.

Compute the monthly appreciation r_tt+1= (H_t+1- H_t)/ H_t. Extra points if you can show that the resulting time series is stationary.

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