tag:blogger.com,1999:blog-6616959642391988608.post7114710056040850210..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Housing price updateScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6616959642391988608.post-22326576989971081702009-07-30T17:49:14.751-07:002009-07-30T17:49:14.751-07:00Scott,
In addition to using broad deflators for ho...Scott,<br />In addition to using broad deflators for housing, I also use a narrow deflator for housing investment. It has run at a lower rate than the PCE deflator over time due to commodity disinflation (before the explosion in commodity prices), offshoring of manufacturing, lower labor inflation (due to substitution of US labor by "guest" labor), and a few other secular trends.<br />DaleWhttps://www.blogger.com/profile/16369657928022546882noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-1723809383859651772009-07-29T09:15:56.611-07:002009-07-29T09:15:56.611-07:00Cabodog: Thanks for the update. I think your solut...Cabodog: Thanks for the update. I think your solution is the correct one. I use Apple's Safari and Firefox, and I have never gotten popups on any blogger site. I don't know why people keep using Internet Explorer.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-43723448171332011202009-07-29T09:14:25.500-07:002009-07-29T09:14:25.500-07:00seeking: The data in the chart was inflation-adjus...seeking: The data in the chart was inflation-adjusted by me, using the PCE deflator. Did you know that Shiller is now turning optimistic on the housing market?Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-68310109271220645192009-07-29T08:42:24.266-07:002009-07-29T08:42:24.266-07:00Hey Scott, a little off-topic (okay, a LOT off-top...Hey Scott, a little off-topic (okay, a LOT off-topic), but awhile back readers complained of popups from your website (actually, blogger.com). A good solution to this is by using Mozilla Firefox as a browser (rather than Internet Explorer). No more popups.Cabodoghttps://www.blogger.com/profile/08299113185481067179noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-40943216443584273822009-07-29T04:13:56.713-07:002009-07-29T04:13:56.713-07:00Case Shiller is highly misleading as it is inflati...Case Shiller is highly misleading as it is inflation adjusted. No housing index anywhere else does this. Banks do not lend on an inflation adjusted basis and buyers and sellers have never been aware of anything but nominal price. Thus, Shiller's almost daily commentary about buyers being "under water" and losing value, "mailing in the keys" was based on a measure never seekingtraceevidencehttps://www.blogger.com/profile/02479493983076211876noreply@blogger.com