Comments on: More on the Housing Bubble http://www.coyoteblog.com/coyote_blog/2005/08/more_on_the_hou.html Dispatches from a Small Business Sun, 12 Feb 2012 09:39:47 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dave Schuler http://www.coyoteblog.com/coyote_blog/2005/08/more_on_the_hou.html/comment-page-1#comment-3006 Dave Schuler Wed, 24 Aug 2005 14:06:14 +0000 http://coyote-blog.com/wordpress/2005/08/more_on_the_hou.html#comment-3006 <p>You might also want to take a look at a graph over at Mover Mike's place on the oil/gold price ratio. It certainly looks like <i>something's</i> going to happen but I have no idea what.</p> You might also want to take a look at a graph over at Mover Mike’s place on the oil/gold price ratio. It certainly looks like something’s going to happen but I have no idea what.

]]> By: Patri Friedman http://www.coyoteblog.com/coyote_blog/2005/08/more_on_the_hou.html/comment-page-1#comment-3005 Patri Friedman Wed, 24 Aug 2005 05:11:05 +0000 http://coyote-blog.com/wordpress/2005/08/more_on_the_hou.html#comment-3005 <p>I posted the same graph on catallarchy and asked about fundamentals other than low interest rates which might contribute. The one good answer was the exclusion of $250K single/$500K marriage of cap gains on the sale of your home from taxes, which is pretty significant and happened in the mid-90s when that spike started.</p> <p>You can see lots of ways that would contribute, for example some ways of spending money to improve a house which weren't profitable now are. hmm, I should post that...</p> I posted the same graph on catallarchy and asked about fundamentals other than low interest rates which might contribute. The one good answer was the exclusion of $250K single/$500K marriage of cap gains on the sale of your home from taxes, which is pretty significant and happened in the mid-90s when that spike started.

You can see lots of ways that would contribute, for example some ways of spending money to improve a house which weren’t profitable now are. hmm, I should post that…

]]> By: Dan http://www.coyoteblog.com/coyote_blog/2005/08/more_on_the_hou.html/comment-page-1#comment-3004 Dan Wed, 24 Aug 2005 04:56:42 +0000 http://coyote-blog.com/wordpress/2005/08/more_on_the_hou.html#comment-3004 <p>I want to see the same index from the UK, where the entire Southeast of the country has been seeing Los Angeles-size price inflation since The War, with no sign of a bubble collapse. (Chronic housing shortages will do that to ya.)</p> I want to see the same index from the UK, where the entire Southeast of the country has been seeing Los Angeles-size price inflation since The War, with no sign of a bubble collapse. (Chronic housing shortages will do that to ya.)

]]> By: Steve Shu http://www.coyoteblog.com/coyote_blog/2005/08/more_on_the_hou.html/comment-page-1#comment-3003 Steve Shu Wed, 24 Aug 2005 02:08:44 +0000 http://coyote-blog.com/wordpress/2005/08/more_on_the_hou.html#comment-3003 <p>I'm not familiar with how the index is calculated, but I wonder if the inflow of foreign dollars into housing could explain a good piece of the structural change in housing prices. At least for certain geographies it must have some impact. Weak dollar drives up foreign investment in domestic properties drives up prices which in turn drives up average price per domestic homeowner (since both the numerator and denominator of that ratio work in the same direction) ...</p> I’m not familiar with how the index is calculated, but I wonder if the inflow of foreign dollars into housing could explain a good piece of the structural change in housing prices. At least for certain geographies it must have some impact. Weak dollar drives up foreign investment in domestic properties drives up prices which in turn drives up average price per domestic homeowner (since both the numerator and denominator of that ratio work in the same direction) …

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