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bucheon bum
Joined: 16 Jan 2003
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 Posted: Sun Mar 13, 2005 5:15 pm Post subject: |
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| doesn't look like any drop to me |
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Wangja
Joined: 17 May 2004
Location: Seoul, Yongsan
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| Posted: Sun Mar 13, 2005 5:24 pm Post subject: |
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| bucheon bum wrote: |
| doesn't look like any drop to me |
What would be of more value would be to plot average pay on the same graph.
Inflation too takes its toll. If inflation is 8% and the price rises 6% your house has decreased in value by 2% in real terms. |
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drgoo
Joined: 10 Feb 2005
Location: Home, sweet home
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| Posted: Mon Mar 14, 2005 11:38 am Post subject: |
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The first graph that shows the dip during the Clinton era is misleading if you are considering average home prices alone. It is a home PRICE to EARNINGS ratio. Did prices fall, or did earnings go UP during that period? Me thinks the latter.
Looking at the second graph suggests prices haven't fallen leading us to conclude that SINCE Clinton earnings have fallen. I'll let everybody else speculate about the possible reasons for that.
Joy to all,
DG |
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Bo Peabody
Joined: 25 Aug 2005
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| Posted: Mon Sep 19, 2005 12:51 pm Post subject: |
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| Harin wrote: |
| god doesn't create any more land. i highly doubt that housing price'd ever go downhill. |
God doesn't create any more land but man is creating more livable land albeit at the expense of the environment. |
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joe_doufu
Joined: 09 May 2005
Location: Elsewhere
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| Posted: Mon Sep 19, 2005 4:40 pm Post subject: |
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| I'm thinking of investing in New Orleans. |
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fusionbarnone
Joined: 31 May 2004
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| Posted: Tue Sep 20, 2005 2:00 am Post subject: |
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Donald trump offers excellent courses on real estate through his own university. www.trumpuniversity.com. He took out a patent in the name oftrump+university for a cool $300+, usually ivory tower afficionados would be up at arms at the thought of anyone using, "university". Saw the patent too, was a really forward thinking and smart move which also ensured, the degreeinfo.com hounds couldn't attack him.
Trump University offered it's first courses(complete with certificate of attendance that looks like an actual degree complete with coat of arms) at the beginning of this month for $US190(I got invited). Anyway, included are hundreds of dollars in real estate books etc, a really good deal for the money.
Real estate should be everyones' business as everyone will likely buy something someday. |
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