House prices expected to fall - Official

davilown

Joeskeppi wrote: »

So how many different ways can a YoY graph be interpreted?

Or should I say how many different, correct ways.

How do you want to look at it? Long term trends? Short term trends? Day to day activity? They can all be viewed differently dependent on what the viewer wants to see.

I'm not debating house price falls/rises as I've learnt that its nigh on impossible to predict them.

System

The comment in question was something like:

"How can a monthly drop equal a rise on the YoY graph?"

paul1964_2

Really2 wrote: »

But that would then mean we would have to believe everything he posted was utter *ollox he did not believe in.
Rather than just being utter *ollox.:D

Or he has worked out that a group of people who spend their time reinforcing an entrenched view on a single subject are usually pretty easy to wind up.

davilown

Really2 wrote: »

What so three people looking at the same graph can interpreted the graph how they want as per the OP said?



Mathmatics must be a lot easier to pass now you can use your own viewpoint. It is getting nearer to a social science.

I am sure the best way to view any graph is to look at it correctly though on that corresponds with the data. Not what you perceive it to mean.

I think the biggest problem is that you cannot just view the statistical data on its own - you have to be aware of all the factors involved to be able to make an informed 'choice'. The choice part is where the variation of interpretation comes. Hence 3 people can interpret a graph differently.

Harry_Powell

1 + 1 = 3 if you interpret it to be 3. You can't force your own views onto me, I'm an individual, I have my own viewpoint on what 1+1 equals and you cant force your own set of beliefs onto me. My view is just as important as yours.

If you disagree then please explain to me over several pages why I don't get it. I reserve the right to keep not getting it for as long as the forum spotlight is upon me, for I crave attention and I crave the wreckage of threadage.

Yours truly,

Graham (mr muddle) Devon.

Really2

davilown wrote: »

How do you want to look at it? Long term trends? Short term trends? Day to day activity? They can all be viewed differently dependent on what the viewer wants to see.

How many correct ways are their to read the data on those graphs?;)

chucky

davilown wrote: »

How do you want to look at it? Long term trends? Short term trends? Day to day activity? They can all be viewed differently dependent on what the viewer wants to see.

I'm not debating house price falls/rises as I've learnt that its nigh on impossible to predict them.

this wasn't the issue - people don't understand that you can have a price fall this month but the YoY graph would indicate an increase and upward direction.

Really2

davilown wrote: »

I think the biggest problem is that you cannot just view the statistical data on its own - you have to be aware of all the factors involved to be able to make an informed 'choice'. The choice part is where the variation of interpretation comes. Hence 3 people can interpret a graph differently.

What ! So perhaps we need more graphs to muddle nominal and "real Term" falls.
What informed choice do you need to make when looking at a graph? which one is Y and which one is X?

I was answering a point set by a user, you seem to be joining in the muddle side of it. I stand by what I said on the point he was making.

Thanks all the same.

Harry_Powell

paul1964 wrote: »

Or he has worked out that a group of people who spend their time reinforcing an entrenched view on a single subject are usually pretty easy to wind up.

Exactly my point, and one that Graham himself will tell you that I've been making for several months. No one, I repeat NO ONE is as thick as Devon pretends to be. Therefore he is doing it deliberately to people up and to wreck threads that instead of talking about HPI or other positive economic news, descend into a maelstrom of explanations, confusion, tangents and muddle. Hence why I named him Mr. Muddle.

Why these same guys fall for it time after time, I don't know. They should just post the attractive and fitting "Mr Muddle" graphic and leave it at that. He'll soon get bored and go away. Instead they assist Devon in threadwrecking and undermine their own points time after time.

It is quite something to watch though. Devon is an unmitigated genius!

Really2

paul1964 wrote: »

Or he has worked out that a group of people who spend their time reinforcing an entrenched view on a single subject are usually pretty easy to wind up.

It's a hard act to keep up. But if you do it all the time when does real life kick in.
I would argue someone who acts dim their whole life is not a clever man pretending to be dim myself. Otherwise the clever people are thick people acting clever.:)

Considering he gets more wound up than us perhaps it may not be has clear cut as you think.