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Debate House Prices
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House price cuts helped sales surge by nearly 10pc last month
Comments
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Graham_Devon wrote: »Loving this.
And Love you Jo. You are sending Hamish and Really2 round in circles
Seconded.
It looks like it can indeed be a lot of fun staying on topic.0 -
You're welcome to whatever opinion you want of me, but I have repeatedly and politely pointed out some very straightforward concepts only to be completely ignored and ridiculed by the very people demonstrating their ignorance.
I'm no expert in economics whatsoever. I have precious little to be arrogant about in that regard. However, what little I do know from studying the subject over 20 years ago at GCSE level (hardly advanced) seems to fly well above the heads of those that repeatedly attack me. They attack me because they know they are wrong and they can't handle it. What does that say about them?
Not by me though0 -
Supply is the amount of goods available to customers.
Numbers of houses on the market is supply, are you saying the supply of eggs is down to the prices people are willing to sell them for?
Wake up, your reputation is worthless if you believe supply is worked out on price not the amount of product.
If you have 100 1p sweets and 100 2p sweets what is the total supply of sweets are there in the shop.
The 1p ones may sell out first but supply is still 200 sweets.
No it isn't.
The quantity supplied by sellers is a function of price (and other variables). It is plotted as a function of price (albeit confusingly in contradiction to scientific convention with the function on the x-axis rather than the y-axis and the variable on the y-axis rather than the x-axis)0 -
Supply and demand in houses, EG the thread.
Or is you thread saying a 10% increase in sales does not relate to demand.
Could you try a bit of logic for a bit rather than trying to read something into something that is not there.
Demand (sales of houses) is up 10% your article.
Supply is down (quote provided)
Tell me how you get to supply is down please. As you seem to be avoiding it with twisting and squriming.
Ah, I see what you did there. We were having a discussion about the plot you posted showing a contraction in supply. I pointed out that you had misunderstood what was going on and your way of responding is to pretend we were discussing something else (the original topic rather than the plot you posted). And then you have the audacity to accuse me of twisting and squriming.
What would Freud say?0 -
Supply is the number of products that sellers are willing to sell at any one given time in the market place. It is a function of multiple variables including price, but it is conventionally plotted as a function of price. The number of houses on the market isn't particularly relevant. What is important is the number of sellers willing to sell at different prices. If volumes are increasing and prices are decreasing then the market is dominated by increasing supply. It doesn't really matter how many houses are on the market.
If anybody judged me by the quality of my opponents on here then I wouldn't have much of a reputation.
Supply is the amount of goods available to customers.
Numbers of houses on the market is supply, are you saying the supply of eggs is down to the prices people are willing to sell them for?
Wake up, your reputation is worthless if you believe supply is worked out on price not the amount of product. Stop the the little comments, I am sure you don't like them back.
If you have 100 1p sweets and 100 2p sweets what is the total supply of sweets are there in the shop.
The 1p ones may sell out first0 -
Ah, I see what you did there. We were having a discussion about the plot you posted showing a contraction in supply. I pointed out that you had misunderstood what was going on and your way of responding is to pretend we were discussing something else (the original topic rather than the plot you posted). And then you have the audacity to accuse me of twisting and squriming.
What would Freud say?
Well anyone can read it back?
That we are still going over supply is increasing and demand is increasing and your are desperate to belittle me to avoid an answer?
Freud would say your constant snipes were a cover for you unwilling to accept the facts.
So to avoid discussing the facts you chose personal attacks and picking on minuet points making out they means something else.
It is a common tactic of playing the person and not the topic.
All to avoid the fact Supply is falling and demand is increasing at this point and the failure to answer what will happen if Supply carries on decreasing.
0 -
Supply is the amount of goods available to customers.
Numbers of houses on the market is supply, are you saying the supply of eggs is down to the prices people are willing to sell them for?
Wake up, your reputation is worthless if you believe supply is worked out on price not the amount of product. Stop the the little comments, I am sure you don't like them back.
If you have 100 1p sweets and 100 2p sweets what is the total supply of sweets are there in the shop.
The 1p ones may sell out first
Supply is the number of sweets the manufacture is prepared to produce for a given price.
With houses, it is the number of houses people are prepared to sell for a given price.0 -
Well anyone can read it back?
That we are still going over supply is increasing and demand is increasing and your are desperate to belittle me to avoid an answer?
Freud would say your constant snipes were a cover for you unwilling to accept the facts.
So to avoid discussing the facts you chose personal attacks and picking on minuet points making out they means something else.
It is a common tactic of playing the person and not the topic.
All to avoid the fact Supply is falling and demand is increasing at this point and the failure to answer what will happen if Supply carries on decreasing.
Freud would instantly recognise psychological projection. i.e. accussing other people of your own faults.0
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