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patientrenter
ParticipantBob,
The members of the FOMC have already stated that they are trying to increase inflation. Why are you still uncertain about what they want to achieve?
ParticipantBob,
The members of the FOMC have already stated that they are trying to increase inflation. Why are you still uncertain about what they want to achieve?
ParticipantBob,
The members of the FOMC have already stated that they are trying to increase inflation. Why are you still uncertain about what they want to achieve?
May 20, 2009 at 5:24 PM in reply to: Data Quick: Southern California median sale price DROPS in April #403296ParticipantMedian prices are not a good indicator of price levels. We’ve had this discussion many times before, Bob.
Case Shiller indexes, average/median price per square foot per zip code, etc are better indicators. Our own esmith created a case shiller type index by zip code, and for groups of zip codes, I believe.
Anyway, the median price is more of an indication of how many transactions are occurring in the lower end tier of the market versus the upper end. Clearly the lower end is a lot more active right now, dragging the median price down more than the price of the typical home has come down.
May 20, 2009 at 5:24 PM in reply to: Data Quick: Southern California median sale price DROPS in April #403551ParticipantMedian prices are not a good indicator of price levels. We’ve had this discussion many times before, Bob.
Case Shiller indexes, average/median price per square foot per zip code, etc are better indicators. Our own esmith created a case shiller type index by zip code, and for groups of zip codes, I believe.
Anyway, the median price is more of an indication of how many transactions are occurring in the lower end tier of the market versus the upper end. Clearly the lower end is a lot more active right now, dragging the median price down more than the price of the typical home has come down.
May 20, 2009 at 5:24 PM in reply to: Data Quick: Southern California median sale price DROPS in April #403788ParticipantMedian prices are not a good indicator of price levels. We’ve had this discussion many times before, Bob.
Case Shiller indexes, average/median price per square foot per zip code, etc are better indicators. Our own esmith created a case shiller type index by zip code, and for groups of zip codes, I believe.
Anyway, the median price is more of an indication of how many transactions are occurring in the lower end tier of the market versus the upper end. Clearly the lower end is a lot more active right now, dragging the median price down more than the price of the typical home has come down.
May 20, 2009 at 5:24 PM in reply to: Data Quick: Southern California median sale price DROPS in April #403848ParticipantMedian prices are not a good indicator of price levels. We’ve had this discussion many times before, Bob.
Case Shiller indexes, average/median price per square foot per zip code, etc are better indicators. Our own esmith created a case shiller type index by zip code, and for groups of zip codes, I believe.
Anyway, the median price is more of an indication of how many transactions are occurring in the lower end tier of the market versus the upper end. Clearly the lower end is a lot more active right now, dragging the median price down more than the price of the typical home has come down.
May 20, 2009 at 5:24 PM in reply to: Data Quick: Southern California median sale price DROPS in April #403996ParticipantMedian prices are not a good indicator of price levels. We’ve had this discussion many times before, Bob.
Case Shiller indexes, average/median price per square foot per zip code, etc are better indicators. Our own esmith created a case shiller type index by zip code, and for groups of zip codes, I believe.
Anyway, the median price is more of an indication of how many transactions are occurring in the lower end tier of the market versus the upper end. Clearly the lower end is a lot more active right now, dragging the median price down more than the price of the typical home has come down.
ParticipantIsn’t it pretty obvious that California will be getting the money to continue spending mostly from the federal government? Some CA taxes will be increased too, but that will cover way less than half of the shortfall. Spending probably will not even go down at all.
ParticipantIsn’t it pretty obvious that California will be getting the money to continue spending mostly from the federal government? Some CA taxes will be increased too, but that will cover way less than half of the shortfall. Spending probably will not even go down at all.
ParticipantIsn’t it pretty obvious that California will be getting the money to continue spending mostly from the federal government? Some CA taxes will be increased too, but that will cover way less than half of the shortfall. Spending probably will not even go down at all.
ParticipantIsn’t it pretty obvious that California will be getting the money to continue spending mostly from the federal government? Some CA taxes will be increased too, but that will cover way less than half of the shortfall. Spending probably will not even go down at all.
ParticipantIsn’t it pretty obvious that California will be getting the money to continue spending mostly from the federal government? Some CA taxes will be increased too, but that will cover way less than half of the shortfall. Spending probably will not even go down at all.
May 15, 2009 at 6:12 PM in reply to: Buy American and Save American Jobs….Buy GM….Oh, wait…. #400463Participant[quote=Allan from Fallbrook][quote=pri_dk]Does Pat Buchanan hate Temecula also?[/quote]
Pat Buchanan hates everything and everybody. Well, except for Richard Nixon. Pat likes old Tricky Dick.[/quote]
I’ll play Devil’s advocate here and say that the biggest change in the second half of the 20th century was China’s development. And this may not have happened until decades later without Richard Nixon’s opening to China in 1971.
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