Place the following cities in order from MOST to LEAST affordable housing markets, relative to local incomes:
* Belfast
* Bournemouth, UK
* Christchurch, NZ
* Dallas/Ft. Worth
* Leicester
* London
* Los Angeles
* New York
* Sarasota, Florida
Answers later in the week. First correct response posted in the comments section wins a free annual subscription to this site, which normally retails at £0.00.
* Belfast
* Bournemouth, UK
* Christchurch, NZ
* Dallas/Ft. Worth
* Leicester
* London
* Los Angeles
* New York
* Sarasota, Florida
Answers later in the week. First correct response posted in the comments section wins a free annual subscription to this site, which normally retails at £0.00.
11 comments
Click here for commentsChristchurch
ReplyDallas/Ft. Worth
Sarasota, Florida
Leicester
Bournemouth
Belfast
Los Angeles
New York
London
Macro Man youtube ad, http://www.youtube.com/watch?v=CJzEN2C8vF0
ReplyMaybe the home office took a look at your MM advert and decided that you were "too violent" to live in a society ruled by sound British institutions.
ReplyDallas Ft. Worth
ReplySarasota, Florida
Leicester
Bournemouth
Belfast
Los Angeles
New York
London
Well, originally hailing from Dallas and seeing what my bartender brother can afford there I'd say....
ReplyDallas/Ft. Worth
Christchurch
Bournemouth
Leicester
L.A.
New York
London
Belfast (has to be a trick question, right?)
Sarasota, FL
Dallas/Ft. Worth
ReplySarasota, Florida
Leicester
Christchurch
New York
London
Belfast
Bournemouth, UK
Los Angeles
You left the numbers out, Robbie:
ReplyDallas - 2.5
Sarasota - 5.7
Leicester - 6.0
Christchurch - 6.6
New York - 7.0
London - 7.7
Belfast - 8.8
Bournemouth - 8.9
Los Angeles - 11.5
http://demographia.com/dhi.pdf
How could anybody not know that Los Angeles ranks as the least afforadble?
off topic
ReplyMM on hols but the market not..
but curious to see what you all think ?
i think a lot of the recent strength in equities was because of the option exp. last Fri.
now its the frist day after that exp when the VIX is open, and its starting off unch from Friday, despite equity futures higher
it doesnt look good for equities.. what do you lot think ?
Peter
Flip a coin. The market is trading on noise, and (equity one) is still in an emotional mode where it reacts to any news disproportionately, and happily even mixes the two.
ReplyThe only equity thing I'd be long now is VIX, and I'd also get a far out-of-money put and a call on some indices.
A half a week ago I'd say short long treasuries, but it's now gone. It could go further, but I could imagine an irrational rally there.
Personally (not as an institutional investor), I'm staying in cash, as anything else is just gambling.
Peter,
ReplyWhat can the VIX, especially non-confirmations, actually tell you when intraday SPX ranges of under 3%, say, all fall under the heading of 'noise'? Some players are going to take a while to forget how wrong they got that strategy on January 15th. Keeping in mind my stellar record as a contrarian indicator, I remain short - but with little near term conviction, or at stake.
As an aside, what level would the ensuing VIX spike have reached if Kerviel hadn't been outed on a US market holiday?
CB
thanks for the replies..
ReplyCB
fair enough.. maybe im trying too hard to see causality where there isnt
vender
i agree.. VIX up, the rest seems harder to call than usual
but the last 24 hours or so hours it does look like we are headed downhill again in equities