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LA_Renter.
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May 2, 2008 at 11:31 PM #198516May 3, 2008 at 3:52 AM #198563
gdcox
ParticipantAgree with all the comments X2.
The only valid criticisms I saw there was the coverage area.
Clearly if cities are worst hit by the bubble and pop the CS will exaggerate the national picture.
By the way , CS might be understating the fall in some places for, correct me if I am wrong, CS does not cover new build in the pairs. Hence the distressed sales of homes which were bought new would not be included. Rich or anyone, is that correct ?
May 3, 2008 at 3:52 AM #198541ParticipantAgree with all the comments X2.
The only valid criticisms I saw there was the coverage area.
Clearly if cities are worst hit by the bubble and pop the CS will exaggerate the national picture.
By the way , CS might be understating the fall in some places for, correct me if I am wrong, CS does not cover new build in the pairs. Hence the distressed sales of homes which were bought new would not be included. Rich or anyone, is that correct ?
May 3, 2008 at 3:52 AM #198601ParticipantAgree with all the comments X2.
The only valid criticisms I saw there was the coverage area.
Clearly if cities are worst hit by the bubble and pop the CS will exaggerate the national picture.
By the way , CS might be understating the fall in some places for, correct me if I am wrong, CS does not cover new build in the pairs. Hence the distressed sales of homes which were bought new would not be included. Rich or anyone, is that correct ?
May 3, 2008 at 3:52 AM #198512ParticipantAgree with all the comments X2.
The only valid criticisms I saw there was the coverage area.
Clearly if cities are worst hit by the bubble and pop the CS will exaggerate the national picture.
By the way , CS might be understating the fall in some places for, correct me if I am wrong, CS does not cover new build in the pairs. Hence the distressed sales of homes which were bought new would not be included. Rich or anyone, is that correct ?
May 3, 2008 at 3:52 AM #198474ParticipantAgree with all the comments X2.
The only valid criticisms I saw there was the coverage area.
Clearly if cities are worst hit by the bubble and pop the CS will exaggerate the national picture.
By the way , CS might be understating the fall in some places for, correct me if I am wrong, CS does not cover new build in the pairs. Hence the distressed sales of homes which were bought new would not be included. Rich or anyone, is that correct ?
May 3, 2008 at 6:22 AM #198517eyePod
ParticipantCS never said it did anything other than cover those metro areas, which is certainly a significant sample. If SOME of those areas are harder hit, then CS is accurately measuring that. So what’s the problem? I like how the author complains that CS tracks houses bought/sold in the last few years. Gee, the market tanked in the last few years. Can’t have any of that data!
May 3, 2008 at 6:22 AM #198480ParticipantCS never said it did anything other than cover those metro areas, which is certainly a significant sample. If SOME of those areas are harder hit, then CS is accurately measuring that. So what’s the problem? I like how the author complains that CS tracks houses bought/sold in the last few years. Gee, the market tanked in the last few years. Can’t have any of that data!
May 3, 2008 at 6:22 AM #198543ParticipantCS never said it did anything other than cover those metro areas, which is certainly a significant sample. If SOME of those areas are harder hit, then CS is accurately measuring that. So what’s the problem? I like how the author complains that CS tracks houses bought/sold in the last few years. Gee, the market tanked in the last few years. Can’t have any of that data!
May 3, 2008 at 6:22 AM #198604ParticipantCS never said it did anything other than cover those metro areas, which is certainly a significant sample. If SOME of those areas are harder hit, then CS is accurately measuring that. So what’s the problem? I like how the author complains that CS tracks houses bought/sold in the last few years. Gee, the market tanked in the last few years. Can’t have any of that data!
May 3, 2008 at 6:22 AM #198570ParticipantCS never said it did anything other than cover those metro areas, which is certainly a significant sample. If SOME of those areas are harder hit, then CS is accurately measuring that. So what’s the problem? I like how the author complains that CS tracks houses bought/sold in the last few years. Gee, the market tanked in the last few years. Can’t have any of that data!
May 3, 2008 at 7:25 AM #198488Bugs
ParticipantOh, so now NAR is talking about data distribution between datasets.
C-S uses a 3-tier approach involving matched pairs. I’ve seen nothing from NAR that even comes near that in terms of efficacy. NAR generally relies on the blunt-spoon median comparing years against each other as if they all had the same composition. Yun has a lot of nerve criticizing Shiller.
May 3, 2008 at 7:25 AM #198527ParticipantOh, so now NAR is talking about data distribution between datasets.
C-S uses a 3-tier approach involving matched pairs. I’ve seen nothing from NAR that even comes near that in terms of efficacy. NAR generally relies on the blunt-spoon median comparing years against each other as if they all had the same composition. Yun has a lot of nerve criticizing Shiller.
May 3, 2008 at 7:25 AM #198615ParticipantOh, so now NAR is talking about data distribution between datasets.
C-S uses a 3-tier approach involving matched pairs. I’ve seen nothing from NAR that even comes near that in terms of efficacy. NAR generally relies on the blunt-spoon median comparing years against each other as if they all had the same composition. Yun has a lot of nerve criticizing Shiller.
May 3, 2008 at 7:25 AM #198555ParticipantOh, so now NAR is talking about data distribution between datasets.
C-S uses a 3-tier approach involving matched pairs. I’ve seen nothing from NAR that even comes near that in terms of efficacy. NAR generally relies on the blunt-spoon median comparing years against each other as if they all had the same composition. Yun has a lot of nerve criticizing Shiller.
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