The Property Graph Thread

Discussion in 'Property Market Economics' started by MarkB, 22nd Mar, 2016.

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  1. MarkB

    MarkB Well-Known Member

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    I graze on the media and often spot graphs I think would be of interest to this forum, but I don't always know where to put them - so I figured why not a thread where I (or anyone else for that matter) can just upload graphs / images that maybe they don't fit in with any other current threads and / or they don't want to start a new thread (current post excluded, of course).



    [​IMG]
    Image credit -> Callam Pickering




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    Image credit -> Pete Wargent


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    Image credit -> Pete Wargent
     
    Last edited: 22nd Mar, 2016
    MarkB, 22nd Mar, 2016
    #1
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  2. propernewb

    propernewb Well-Known Member

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    Attached Files:

    propernewb, 22nd Mar, 2016
    #2
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  3. MarkB

    MarkB Well-Known Member

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    Another from Callam Pickering.

    An open letter to Scott Morrison on negative gearing (more graphs on the link btw, for the real graphilia sufferers out there)

    [​IMG]
     
    MarkB, 23rd Mar, 2016
    #3
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  4. MarkB

    MarkB Well-Known Member

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    MarkB, 23rd Mar, 2016
    #4
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  5. mrdobalina

    mrdobalina Well-Known Member

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    Has anyone come across a graph that shows median income vs median house price for individual cities?

    E.g. Sydney median income vs Sydney median house prices.
     
    mrdobalina, 24th Mar, 2016
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  6. MarkB

    MarkB Well-Known Member

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    A twitter post from Stephen Koukoulas
    Here is the full story of household debt - yes it is high but so is NET (yes net) wealth


    [​IMG]
     
    MarkB, 24th Mar, 2016
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  7. willair

    willair Well-Known Member Premium Member

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    willair, 24th Mar, 2016
    #7
  8. Skilled_Migrant

    Skilled_Migrant Well-Known Member

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    Skilled_Migrant, 27th Mar, 2016
    #8
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  9. MarkB

    MarkB Well-Known Member

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    Both from twitter posts by Peter Martin (who makes no secret of that he doesn't like the current NG regime).

    [​IMG]

    [​IMG]
     
    MarkB, 27th Mar, 2016
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  10. Bran

    Bran Well-Known Member

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    Screen Shot 2016-03-28 at 6.42.48 am.png
    From petewargent.blogspot.com.au - always an excellent read
     
    Bran, 28th Mar, 2016
    #10
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  11. Sackie

    Sackie Well-Known Member

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    I agree, I really enjoy his blog.
     
    Sackie, 28th Mar, 2016
    #11
  12. Azazel

    Azazel Well-Known Member

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    Some good stuff there.
    I used to see it with Michael Yardney's updates.
     
    Azazel, 28th Mar, 2016
    #12
  13. MarkB

    MarkB Well-Known Member

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    The Seven Countries Most Vulnerable To A Debt Crisis - Steve Keen in Forbes (times must be tough for the Forbes publishers).

    Needless to say, AU is one of them.

    Just to clarify, the BIS mentioned in the graphs is the "Bank of International Settlements", not BIS Shrapnel (the latter of course has an embarrassingly bad record of forecasting).

    [​IMG]

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    MarkB, 28th Mar, 2016
    #13
  14. MarkB

    MarkB Well-Known Member

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    MarkB, 28th Mar, 2016
    #14
  15. Azazel

    Azazel Well-Known Member

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    I'm surprised anyone would still publish that guy.
    "Doomsayers like the economist Steve Keen mistakenly predicted a collapse in house prices – as much as 40 per cent – in 2010 and ended up famously losing a bet with the former Macquarie banker Rory Robertson. Keen’s penalty was walking up Mount Kosciuszko wearing a T-shirt saying he was “hopelessly wrong”."
     
    Azazel, 28th Mar, 2016
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  16. Pernoi

    Pernoi Active Member

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    I've never understood why people latch onto this single prediction by him and then throw away all other achievements/predictions, for example, his prediction of the US crash:

    “No One Saw This Coming”: Understanding Financial Crisis Through Accounting Models - Munich Personal RePEc Archive

    Whether or not you agree with his personal predictions, writing off all of his work based on media-centric claims is rather inappropriate.
     
    Pernoi, 28th Mar, 2016
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  17. Azazel

    Azazel Well-Known Member

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    You're kidding aren't ya?
    There's a list floating around on here, a timeline of his numerous failures.
    They say even a broken watch is right twice a day, this peanut couldn't even achieve that level of accuracy.
     
    Azazel, 28th Mar, 2016
    #17
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  18. HUGH72

    HUGH72 Well-Known Member

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    I think it is more about how he felt the need or at least let the media feed a publicity frenzy.
    Keen used childish language calling the FHBers grant the "first home vendors grant".

    He was absolutely certain he was going to be right, this was naive and probably foolish. Any economist with any credibility wouldn't be so certain in predicting anything.

    Anyone in Sydney who sold their ppor as he did in 2010 would have egg on their face.
     
    HUGH72, 28th Mar, 2016
    #18
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  19. MTR

    MTR Well-Known Member

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    Am I the only one who does not bother with charts, they wont make you rich??? Gives someone a day job I guess...
     
    MTR, 28th Mar, 2016
    #19
  20. MarkB

    MarkB Well-Known Member

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    The great thing about propertychat is that you can simply ignore the parts you think are useless.

    [​IMG]

    From Pete Wargent.
     
    MarkB, 28th Mar, 2016
    #20
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