A Quiz For While I'm Gone

Saturday, February 16, 2008

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.

Posted by Macro Man at 2:51 PM  

11 comments:

Christchurch
Dallas/Ft. Worth
Sarasota, Florida
Leicester
Bournemouth
Belfast
Los Angeles
New York
London

5:18 PM  

Macro Man youtube ad, http://www.youtube.com/watch?v=CJzEN2C8vF0

Anonymous said...
5:46 PM  

Maybe 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.

lccheh said...
10:42 PM  

Dallas Ft. Worth
Sarasota, Florida
Leicester
Bournemouth
Belfast
Los Angeles
New York
London

Anonymous said...
5:59 PM  

Well, originally hailing from Dallas and seeing what my bartender brother can afford there I'd say....

Dallas/Ft. Worth
Christchurch
Bournemouth
Leicester
L.A.
New York
London
Belfast (has to be a trick question, right?)
Sarasota, FL

Keith said...
5:22 AM  

Dallas/Ft. Worth
Sarasota, Florida
Leicester
Christchurch
New York
London
Belfast
Bournemouth, UK
Los Angeles

Robbie said...
8:36 AM  

You left the numbers out, Robbie:

Dallas - 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?

Anonymous said...
10:36 PM  

off topic
MM 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

Peter said...
3:03 PM  

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.
The 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.

vender said...
8:20 AM  

Peter,

What 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

Anonymous said...
10:24 AM  

thanks for the replies..

CB
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

Peter said...
11:52 AM  

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