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Halifax figures Thursday - Chief Economist or Spin Merchant?
Comments
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Yeah, good one nick
poppy100 -
It would be interesting to compare now, the 80s/90s boom and bust and the 73/74 Barker boom and oil crisis bust. Do you have the data to do that?0
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My guess (based on no research at all) is that this crash will look more like 74 as funds dried up similarly. I also guess that this time it'll go on for longer as the boom has been greater.
It'd also be interesting to see change in HPI plotted vs time in a similar comparison. I need to sit down with Excel and some spare time. Now where can I buy some spare time?0 -
My guess (based on no research at all) is that this crash will look more like 74 as funds dried up similarly. I also guess that this time it'll go on for longer as the boom has been greater.
It'd also be interesting to see change in HPI plotted vs time in a similar comparison. I need to sit down with Excel and some spare time. Now where can I buy some spare time?0 -
I have the timebut not the abilityMy guess (based on no research at all) is that this crash will look more like 74 as funds dried up similarly. I also guess that this time it'll go on for longer as the boom has been greater.
It'd also be interesting to see change in HPI plotted vs time in a similar comparison. I need to sit down with Excel and some spare time. Now where can I buy some spare time?
I've been making little notes based on the inks showing figues given earlier and they don't look correct at all. I can't create a graph on the computer though. 0 -
As an interesting comparison, this is the percentage change of the Case-Shiller Home Price Index for the housing correction in the U.S.A. beginning in 2005 (red) and the 1980s–1990s correction (blue), comparing monthly values to the peak value seen just prior to the first declining month all the way through the downturn and the full recovery of home prices.
I wouldn't want to ski the "red run" there either! :eek:There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0 -
mystic_trev wrote: »I wouldn't be surprised if they're not out until thursday.
Well called, oh mystic one!...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
lostinrates wrote: »I guessed high for Nationwide...and was wrong (at -2.5) so I'm going to guess a tiny drop for halifax, lol.
Ooops. Maybe you ought to give the guessing game a miss (-:...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Apart from one anomaly in Sep 92, most of the monthly falls in the last crash were less than 1%.
Inflation was a lot higher, though, I think, in the early 90s?...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
An economist, a physicist and a chemist get shipwrecked and are starving.
A group of managers are asked to measure the height of a flagpole. So
they go out to the flagpole with ladders and tape measures, and they're
falling off the ladders, dropping the tape measures -- the whole thing
is just a mess.
A group of engineers arrive and see what the managers are trying to do.
They walk over to the flagpole, pull it out of the ground and lay it
flat on the ground. They measure it from end to end, give the
measurement to one of the managers, and then walk away.
After the engineers have gone, one manager turns to another and laughs.
"Isn't that just typical of engineers? We're looking for the height and
they give us the length."...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0
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