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  1. K

    Steven Keen may have been right all along...

    Obviously you're here to score points & not debate :rolleyes: What are his arguments ? Roubini is sitting on the fence..... he says I'm sure in a few years time, some people will be worshiping him for his foresight in predicting house prices fell by 40%, or 50%, or not at all. IIRC...
  2. K

    Steven Keen may have been right all along...

    I criticise Demographia because of it's sponsors & it's flawed methodologies. And on a completely different subject..... Keen has no stats for FHB demographic, neither do I. WW... can we have less points scoring and more debate..... If SK has any points worth debating please start a new...
  3. K

    Steven Keen may have been right all along...

    Back in post #71, you asked me point out on the forum where the following were discussed..... ....so I did. Now you appear to be criticising that I'm not validating anecdotes with stats :confused:. You'll note that Keen's post states .... you did read his post ? I repeat, if there's stuff...
  4. K

    Steven Keen may have been right all along...

    Who sponsors it ? Developers. Do you seriously think Demographia is an unbiased survey ? Some commentary here.
  5. K

    Steven Keen may have been right all along...

    I did read it. I thought there was nothing new. He's mostly unbalanced - he has an end result he's looking for & finds data to support it & his cheerleaders love him for it. You're an expert on biases - I'm sure you can tell us which ones he suffers from ;). Glad you like an anecdotes :)...
  6. K

    Steven Keen may have been right all along...

    So we are in agreement that it's set in stone that Keen walks if prices don't fall by 40% ? :) Debts contribution to demand - IIRC you've brought that up in the past. How much 'fhog % of market' increased - I think our Western Sydney contributors (to their cost) have mentioned frequently that...
  7. K

    Steven Keen may have been right all along...

    My understanding was either he or Rory Robertson walked from Canberra to the top of Mt Kossy wearing a T-shirt stating 'I WAS WRONG ABOUT HOUSE PRICES - ASK ME WHY' depending on whether they fell by 40% or not. And in one of SK's responses to that post he says.... Perhaps you could start a...
  8. K

    Steven Keen may have been right all along...

    Thanks YM. As investors we look at it from an individual house POV - our specific IP is likely to rise faster than the median, we don't care so much about citywide medians. Suburb medians are relevant though. The upper quartile is definitely showing weakness in most areas, and the lower...
  9. K

    Steven Keen may have been right all along...

    You must be getting forgetful YM :eek:..... you asked this question 2 weeks ago here (post #56)..... Can you think of some differences between the demand/supply of falcons & houses ?
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