As foreshadowed by the median
price
data, the Case-Shiller index for San Diego home prices rose
in April. Here’s a look at the CS index since the start of the
rebound that began in early 2009:
continue
reading at voiceofsandiego.org
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June 30, 2011 @ 8:49 PM
Dear Buddha:
I want a rocket
Dear Buddha:
I want a rocket and a pony and…..uhhhh….a new chart set showing payment and ppsf over time with median income held constant.
Its all I have ever wanted.
That and maybe some empirical evidence showing that lower marginal tax rates in the highest brackets lead to job creation.
But I would settle for the charts and the pony.
June 30, 2011 @ 9:08 PM
There’s something very
There’s something very similar here:
http://piggington.com/shambling_towards_affordability_yearend_2010_edition
(except it’s CS index instead of ppsf, and per capita income instead of median income bc the latter is not available as far back historically)
This is from Feb but I am planning to update it soon.
June 30, 2011 @ 10:45 PM
Yes.
I know.
It is posted on
Yes.
I know.
It is posted on the front window of Principle Real Estate Group.
Would love to see the updated version.
And the pony.
Anytime soon?
July 1, 2011 @ 8:55 AM
urbanrealtor wrote:Yes.
I
[quote=urbanrealtor]Yes.
I know.
It is posted on the front window of Principle Real Estate Group.
Would love to see the updated version.
And the pony.
Anytime soon?[/quote]
Understood. 🙂
I’m hoping to get to that within the next couple weeks.
On that other issue, would you settle for two cats?
July 1, 2011 @ 10:18 AM
According to experts the
According to experts the average weight of a pony is 600-650 lbs and a house cat is 9-12 lbs. By weight this makes a pony worth around 59.5 cats. But weight, strictly speaking, is probably irrelevant when it comes to house pets.
Assuming that Urbanrealtor wants to keep the pony as a pet makes the hedonic adjusting of one pony to an unknown quantity of cats a little more complicated. Rather than weight, the most important aspect of a pet is obviously its surface area. Taking the cubic roots of their average weights makes a pony worth at least 4.1 cats.
Nice try Rich.
July 1, 2011 @ 11:28 AM
pencilneck wrote:According to
[quote=pencilneck]According to experts the average weight of a pony is 600-650 lbs and a house cat is 9-12 lbs. By weight this makes a pony worth around 59.5 cats. But weight, strictly speaking, is probably irrelevant when it comes to house pets.
Assuming that Urbanrealtor wants to keep the pony as a pet makes the hedonic adjusting of one pony to an unknown quantity of cats a little more complicated. Rather than weight, the most important aspect of a pet is obviously its surface area. Taking the cubic roots of their average weights makes a pony worth at least 4.1 cats.
Nice try Rich.[/quote]
But since cats have 9 lives, and ponies have but one, wouldn’t that make a pony worth ~ 0.455 cats ?
I am sure there are plenty of people who are in factor of fractional cats.
July 1, 2011 @ 1:59 PM
pencilneck wrote:According to
[quote=pencilneck]According to experts the average weight of a pony is 600-650 lbs and a house cat is 9-12 lbs. By weight this makes a pony worth around 59.5 cats. But weight, strictly speaking, is probably irrelevant when it comes to house pets.
Assuming that Urbanrealtor wants to keep the pony as a pet makes the hedonic adjusting of one pony to an unknown quantity of cats a little more complicated. Rather than weight, the most important aspect of a pet is obviously its surface area. Taking the cubic roots of their average weights makes a pony worth at least 4.1 cats.
Nice try Rich.[/quote]
In my defense, one of them is grossly obese. But anyway, weight and surface area are arbitrary measures. FSD noted number of lives; I would also propose that these particular cats can outperform a pony in the following skills:
– Vomiting on the sofa.
– Making an unholy racket.
– Walking on my head when I’m trying to sleep.
July 1, 2011 @ 9:42 PM
pencilneck wrote:According to
[quote=pencilneck]According to experts the average weight of a pony is 600-650 lbs and a house cat is 9-12 lbs. By weight this makes a pony worth around 59.5 cats. But weight, strictly speaking, is probably irrelevant when it comes to house pets.
Assuming that Urbanrealtor wants to keep the pony as a pet makes the hedonic adjusting of one pony to an unknown quantity of cats a little more complicated. Rather than weight, the most important aspect of a pet is obviously its surface area. Taking the cubic roots of their average weights makes a pony worth at least 4.1 cats.
Nice try Rich.[/quote]
This leads me to recall my favorite aphorism of the philosopher Jayne Cobb.
“If wishes were horses, we’d all be eating steak.”
I doubt he would have settled for cat.
Though they are tasty.
July 9, 2011 @ 11:30 AM
If you’re talking surface
If you’re talking surface area you need to square 4.1 giving you roughly 17 cats. A prime number of cats. Kinda makes my skin crawl as I have already been exposed to 2 cats and each has issues.
July 14, 2011 @ 12:09 PM
Rad thread!
I miss the Piggs!
Rad thread!
I miss the Piggs! Need to lurk more often!
July 1, 2011 @ 8:24 AM
Am I wrong here, or didn’t we
Am I wrong here, or didn’t we get seasonal blips even at the height of the bust?
July 1, 2011 @ 8:53 AM
Jazzman wrote:Am I wrong
[quote=Jazzman]Am I wrong here, or didn’t we get seasonal blips even at the height of the bust?[/quote]
This graph would answer that question best:
July 1, 2011 @ 11:26 AM
Jazzman wrote:Am I wrong
[quote=Jazzman]Am I wrong here, or didn’t we get seasonal blips even at the height of the bust?[/quote]
Seasonal variations have been there all along.
The difference is that during the ride up, and rapid descent down, the magnitude of the longer term changes far exceeded the magnitude of the seasonal or short-term effects. Now that House price action is essentially flat, seasonal fluctuations are larger than or of the same order of magnitude as the long-term changes and thus appear more important.
As the market flattens or remians relatively flat, people will “rediscover” seasonal patterns in homoe price data.