tag:blogger.com,1999:blog-7169279.post5525635757900479150..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Dr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7169279.post-74995444395625777062012-11-04T10:59:30.626-07:002012-11-04T10:59:30.626-07:00BTW: since Owen did the post, he doesn't need ...BTW: since Owen did the post, he doesn't need to do a comment in this Block. It's up to him if he wants the score for this comment applied in another Block.Dave Tuftehttps://www.blogger.com/profile/14877686358267438045noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-74580943122977923032012-10-23T23:00:44.465-06:002012-10-23T23:00:44.465-06:00Owen: 41/50. You mean "on to" not "...Owen: 41/50. You mean "on to" not "onto", "holder's" not "holders", and "sale" not "sell",<br /><br />OK, so I see what you mean about new homeowners. But I wonder if there are enough people in your situation to make much difference?<br /><br />Supply and demand are abstractions. When abstracting, it is important to delineate what isDave Tuftehttps://www.blogger.com/profile/14877686358267438045noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-76626082535910023382012-10-22T23:32:52.041-06:002012-10-22T23:32:52.041-06:00New homeowners are those buying a house after eith...New homeowners are those buying a house after either living with their parents, or renting. Many of those people purchasing homes this way are not first time homebuyers, I will one day purchase my third home, each time I have purchased a home I have moved from a rental situation, I am still a new homeowner.<br /><br />Banks do have it in their best interest to hold onto properties and limit the Owenhttps://www.blogger.com/profile/08732801822824891362noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-435700051512512342012-10-22T15:07:44.039-06:002012-10-22T15:07:44.039-06:00Zach: 50/50.
Or it could be a sign of the adjustm...Zach: 50/50.<br /><br />Or it could be a sign of the adjustment time argument made for durables in Chapter 3 of your text. Perhaps everyone who would snap up a bargain did already. In this case, they won't be around to support the market this time. Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-35806281953467201112012-10-22T11:43:59.311-06:002012-10-22T11:43:59.311-06:00I do not think that home prices are going to have ...I do not think that home prices are going to have another drastic drop. I think they will continue to remain stagnant as the market continues to suffer from slow growth. If prices do drop again this would be another opportunity for more investors and first time home buyers to own a home.<br /><br />When prices were lowest in the recent past great deals were everywhere and easy to find. However, Zachhttps://www.blogger.com/profile/02467313333224025268noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-12064628094993743202012-10-18T13:00:50.953-06:002012-10-18T13:00:50.953-06:00Owen: 64/100. You have a capitalization error (twi...Owen: 64/100. You have a capitalization error (twice), an extra definite article, a word misuse, a missing conjunction and/or poor clause construction, inappropriate use of quotation marks in a compound quote, and replacement of a verb with a conjunction. <br /><br />Also, I didn't take off for the following: 1) Shilling has a "belief about the housing market" not a "belief in Dave Tuftehttps://www.blogger.com/profile/14877686358267438045noreply@blogger.com