Softening in RE market?? (Dallas, Plano: social security, student, weight)

[EDS_]

Originally Posted by CollieMan

The FED is also under extreme duress to keep underpriced money flowing and the appearance of a bustling economy.

If money were indeed, "underpriced" for any length of time inflation would be a problem in at least a sector or two. Instead inflation is under targets.

June to June CPI was +1.6% that's too low per targets and does not indicate that money is too cheap.

[CollieMan]

Originally Posted by EDS_

If money were indeed, "underpriced" for any length of time inflation would be a problem in at least a sector or two. Instead inflation is under targets.

June to June CPI was +1.6% that's too low per targets and does not indicate that money is too cheap.

We’ll have to agree to disagree. My costs have steadily increased at a far higher rate, which has created payroll pressure, which I’ll have to meet by raising prices to consumers.

[EDS_]

Originally Posted by CollieMan

We’ll have to agree to disagree. My costs have steadily increased at a far higher rate, which has created payroll pressure, which I’ll have to meet by raising prices to consumers.

Sure. But your costs don't describe all costs.

[CollieMan]

Originally Posted by EDS_

Sure. But your costs don't describe all costs.

And there’s no greater lie than “average”.

[EDS_]

Originally Posted by CollieMan

And there’s no greater lie than “average”.

For your angle to be shown correct you'd need to demonstrate that 10,000 of thousands of .gov employees, The Federal Reserve per se + each Federal Reserve Bank (especially NY, Dallas, Cleveland and St. Louis), professors, grad students, private researchers, data collectors, investment houses, The IMF, World Bank, CIA, and portions of the press were in on the con. Real life simply does not work like that.

[synchronicity]

Originally Posted by EDS_

For your angle to be shown correct you'd need to demonstrate that 10,000 of thousands of .gov employees, The Federal Reserve per se + each Federal Reserve Bank (especially NY, Dallas, Cleveland and St. Louis), professors, grad students, private researchers, data collectors, investment houses, The IMF, World Bank, CIA, and portions of the press were in on the con. Real life simply does not work like that.

MIT has been doing an interesting thing they call "The Billion Prices Project". Essentially, they collect prices from over a thousand online retailers every day. Surprise surprise, the price index they compute has correlated very strongly with the CPIAUCSL (Consumer Price Index for all Urban Consumers, All Values).

Now, that doesn't mean that for certain situations or certain demographics, a different data set might make more sense (a CPI measurement for the elderly would probably assign more weight to medical expenses than one for the population as a whole). There are also CPI data sets for various metro areas, if one only wanted to see inflation in DFW.

But overall, CPI data does seem to reflect what it is supposed to.

[CollieMan]

Originally Posted by EDS_

For your angle to be shown correct you'd need to demonstrate that 10,000 of thousands of .gov employees, The Federal Reserve per se + each Federal Reserve Bank (especially NY, Dallas, Cleveland and St. Louis), professors, grad students, private researchers, data collectors, investment houses, The IMF, World Bank, CIA, and portions of the press were in on the con. Real life simply does not work like that.

You missed the point. But whatever. Have at your myopia.

[EDS_]

Originally Posted by CollieMan

You missed the point. But whatever. Have at your myopia.

Since I've missed it please explain your point.

[EDS_]

Originally Posted by synchronicity

MIT has been doing an interesting thing they call "The Billion Prices Project". Essentially, they collect prices from over a thousand online retailers every day. Surprise surprise, the price index they compute has correlated very strongly with the CPIAUCSL (Consumer Price Index for all Urban Consumers, All Values).

Now, that doesn't mean that for certain situations or certain demographics, a different data set might make more sense (a CPI measurement for the elderly would probably assign more weight to medical expenses than one for the population as a whole). There are also CPI data sets for various metro areas, if one only wanted to see inflation in DFW.

But overall, CPI data does seem to reflect what it is supposed to.

That MIT thing is awesome thanks.

[crazyforger]

Originally Posted by EDS_

For your angle to be shown correct you'd need to demonstrate that 10,000 of thousands of .gov employees, The Federal Reserve per se + each Federal Reserve Bank (especially NY, Dallas, Cleveland and St. Louis), professors, grad students, private researchers, data collectors, investment houses, The IMF, World Bank, CIA, and portions of the press were in on the con. Real life simply does not work like that.