Randolph
Does this mean you gave up trying to refute the idea that long-term rates (like prime, T-rates and mortgage rates) tend to go up and down together?
The chart says it used the price of a “standard house.” Even a form-filler ought to have some idea how suspect that is to begin with – comparing an 1896 house with a 1996 house. Maybe your guy would do transportation, too. He can compare the price of a horse in 1896 with the price of an SUV in 2006. Mabye we are in a car "bubble" too.
On that chart, the population changes 366% percent and the line relatively flat, while the home prices change only 83% and fly off the page. Duh!! If the population and prices were graphed on the same scale, population growth would dwarf the price index.
Is that what you are doing? No attacks?No attack Steven, just facts
Those “crop circles” on that graph are the circles you are seeing.Steven, you have talked in circles now to such an extent I am lost trying to follow which chart was bogus and that you label as phony (spotted in 2 seconds) that you think I posted and that you discredited.
Does this mean you gave up trying to refute the idea that long-term rates (like prime, T-rates and mortgage rates) tend to go up and down together?
I’d be concerned that sophomoric is too high a level for the bubbleheads. I’d use the same guideword for communicating and the idea of apologizing for being right: KISS.I am waiting for your apology or another fine sophomoric analysis with its sophomoric conclusion.
The chart says it used the price of a “standard house.” Even a form-filler ought to have some idea how suspect that is to begin with – comparing an 1896 house with a 1996 house. Maybe your guy would do transportation, too. He can compare the price of a horse in 1896 with the price of an SUV in 2006. Mabye we are in a car "bubble" too.
On that chart, the population changes 366% percent and the line relatively flat, while the home prices change only 83% and fly off the page. Duh!! If the population and prices were graphed on the same scale, population growth would dwarf the price index.