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Median Ascends, But The Mean Ascends Faster - Home Prices
In the past several years, the Median price of homes (in my locale) has ascended slightly; but, the Mean has ascended much faster. How is this possible? Although the ordinal median prices of homes in an...
0 commentsReal Estate in Manhattan - Using median property prices as a guide
An awful lot of real estate agencies, both in the luxury real estate segment of the market and the “base” market, claim that their particular sector is immune to whatever downturn is affecting the rest of...
1 commentIf I Were A Bank
Update: As interest rates rise because of lack of investment in goverment bonds (due to a flood of them), banks will make money on the yields curve but the toxic assets will become even more toxic. And toxic...
6 commentsBest Retirement Areas
Retirement may seem to be a sad phase in our lives. This is when we have to let go of our busy work life and start a new one. People have always had this misconception which is not true at all! In fact, there...
0 commentsAverage Worker Still Can’t Afford To Buy A House
New Study from the Center for Housing Policy Details Changes in Homeownership and Rental Affordability for the Highest-Growth Occupations in More Than 200 U.S. Metro Areas Washington, DC (January 29, 2007) -...
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