lies: Stop the madness
- 01/30/09 05:43 AM
Statistics prove one thing...whatever the writer wants them to prove. Having watched the media abuse statistics to show "important" information, I have become desensitized to words like 3% change in price, 5% increase in forclosures, and the market is down 34% since Jan 24, 2007. In a normal market, prices fluctuate based on inventory, economy and availability of new product. A sell out of a new condo unit will spike sales for a particular day, in a particular part of town, for a particular period of time. Similarly, a sell off of a high end home development due to forclosure will … (2 comments)
Statistics prove one thing...whatever the writer wants them to prove. Having watched the media abuse statistics to show "important" information, I have become desensitized to words like 3% change in price, 5% increase in forclosures, and the market is down 34% since Jan 24, 2007. In a normal market, prices fluctuate based on inventory, economy and availability of new product. A sell out of a new condo unit will spike sales for a particular day, in a particular part of town, for a particular period of time. Similarly, a sell off of a high end home development due to forclosure will … (2 comments)
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