This will be something like two per cent over an index.

Some areas it is, some it isn't.Check if the person has died in the social security death index.

And the affordability index didn't get much better, so I'd imagine that the people who purchased homes already have jobs that are less at risk in a recession.Maybe something to do with raising interest rates would slow down new purchasing, and perhaps that could trigger some kind of chain reaction of badness.

My stocks have performed at a satisfactory level so I do not think that allocating funds in low-cost index funds is a ignorant way to allocate money.  

Then if the tax database has the owner receiving the senior citizen's exemption rate, I'd check the Social Security Death Index.

thats just me,  but based on your numbers i see little reason not to just put it in a conservative index fund, and not have to manage it, unless you see enough market upside down the road.  

The other is a CME futures/options product based on the Case-Schiller Home Price Index.

Here is a link to an index of median housing costs across the United States. https://www.experian.com/blogs...From a purely “making your money go furthest”, where it costs the least to buy your properties, any money in hand would go the furthest.  

The housing affordability index is below 100 on the west coast, in many markets it isn't doing well.

Rate, index, life cap, years...