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In United States
Registered May 19, 2011
jgebis's most recent comments:
- On 26 Feb 2013
California House Prices,
For the right half, the angle of each ray indicates the year (straight up == 1970, each year after 1970 is approximately 4 additional degrees clockwise, until you end up with 2012 straight down). As you say, the length of the ray indicates the median price.
This graph is BRILLIANT. How do you indicate that prices are on the rise when your own data indicates that within the last decade the median price was 75% higher than it is now? Easy, highlight only some data points. How do you present this graphically, when a straightforward graph will immediately show the recent drops? Not so easy, but still possible: instead of presenting a normal Cartesian coordinate system graph (X-Y), use a polar coordinate system.
- On 17 Sep 2012
The Housing Trap,
Make a DRM-free ebook (pdf, Kindle formatted, whatever) for the same price as the physical book and I'll buy one immediately.
- On 30 Apr 2012
Thoughts on Oakland, CA condos...?,
There are two things that come to mind immediately:
1) I don't think there's a big reason to be in a rush -- there is every indication that interest rates will be stable for quite a while, prices have to continue dropping (or at least remain where they are for a while) to get back in line with long-term trends, etc. Inventories are on the low side now, but there's good reason to think that more places will be coming available within the year.
2) Are you looking at somewhere you plan to stay in for a long time? If you can honestly answer yes, then it may be a good idea: you may be able to buy a place such that the cost of renting money to purchase it is pretty close to the price of renting the place itself. If you're going to want to move to a nicer area, or get a bigger place, or move to a detached residence, or anything similar within a few years, you should definitely keep renting.