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Citi's Bubble Meter for Australia
Topic Started: 12 Oct 2016, 02:40 AM (8,513 Views)
Terry
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Khaderbhai
14 Oct 2016, 08:16 AM
Price/income ratios are a perfect indicator of "price" relative to buying power Roddy.

However Citi might also be using nominal or real prices, or price/rent, or some other house price related measure. The label is not fully descriptive, because for one thing I'm sure it would measure all dwellings (including units) instead of just houses.

A more accurate label might have been 'Dwelling Price to Disposable Household Income Ratio' or similar, but since that was probably too long to fit on the chart, they just went with the simple 'house price' knowing most sheeple wouldn't think too deeply about it anyway.
That's why you don't work in research or for Citi MC. Stick to your knitting.
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Khaderbhai
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Terry
14 Oct 2016, 09:52 AM
That's why you don't work in research or for Citi MC. Stick to your knitting.
In other words, you've got absolutely no comeback Roddy. Thanks for playing.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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Terry
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Khaderbhai
14 Oct 2016, 09:57 AM
In other words, you've got absolutely no comeback Roddy. Thanks for playing.
Not my research MC. It belongs to Citi. You can charge into their offices dressed in a creepy clown suit waving photocopies from the internet yelling incoherently about price to income ratio.

They will call security.

And that is why research exists. It's not a conspiracy. Do you think Citi wants to destroy the fabric of Australian society?
Edited by Terry, 14 Oct 2016, 10:38 AM.
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Khaderbhai
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Terry
14 Oct 2016, 10:38 AM
Not my research MC. It belongs to Citi. You can charge into their offices dressed in a creepy clown suit waving photocopies from the internet yelling incoherently about price to income ratio.

They will call security.

And that is why research exists. It's not a conspiracy. Do you think Citi wants to destroy the fabric of Australian society?
Creepy clowns and stuff. That's awesome Roddy, thanks.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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Terry
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Khaderbhai
14 Oct 2016, 10:41 AM
Creepy clowns and stuff. That's awesome Roddy, thanks.
Well my interest is in the research and how the suburbanites interact with and interpret what they consume. The bubble meter is a fine illustration of that. The creepy clown personas are simply a reaction. That's nothing new.
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Khaderbhai
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Terry
14 Oct 2016, 10:57 AM
Well my interest is in the research and how the suburbanites interact with and interpret what they consume. The bubble meter is a fine illustration of that. The creepy clown personas are simply a reaction. That's nothing new.
Suburbanites and creepy clowns. Wonderful Roddy.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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Terry
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Khaderbhai
14 Oct 2016, 11:09 AM
Suburbanites and creepy clowns. Wonderful Roddy.
The suburbanites perception is the cement holding the nation together. Creepy clowns are a cultural phenomenon motivated by causing reactions.
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Tiger Lily
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Khaderbhai
13 Oct 2016, 10:22 PM
Here's the list (so far)...

1. You claimed there were only four components (there are five)
2. You said Z can't be calculated for a ratio (it can, and is, for example by the IMF)
3. You said Z-scores need to be calculated from whole numbers (also false)
4. You claimed Z for the average can be -0.5 (Z for the average is always zero)
5. You said a z-score is not a deviation from an average (that's exactly what it is)
6. You claimed a deviation expressed as a percentage would be just as useful as a z-score (also wrong)

Keep digging Roddy. :lol
bwahahahaha tezza your the forum muppet ! :D
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Khaderbhai
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Terry
14 Oct 2016, 03:48 PM
The suburbanites perception is the cement holding the nation together. Creepy clowns are a cultural phenomenon motivated by causing reactions.
Roddy, tell us some more about suburbanites and creepy clowns.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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Terry
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Khaderbhai
15 Oct 2016, 12:05 PM
Roddy, tell us some more about suburbanites and creepy clowns.
Creepy clowns are a very small microcosm of suburbia. Their existence is for their own pleasure, much like internet trolls. Creepy clowns are getting much coverage in the media. The question is whether or not their behavior is merely anti-social or malicious (which is an extremity in my opinion). The probability of being attacked by a creepy clown is low in my opinion. You're probably as bad as it gets mother cat and you're relatively harmless.
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