Bloomberg: Housing Starts in U.S. Jumped in December to Four-Year High
Seasonally adjusted.
7 Replies to “December US Housing Starts”
what is going on here. Both blue and red arrow lines are from joining the end points. Should be a regression line. Red should be flatter and blue steeper. Point stands but much less strongly.
And the mortgage bubble cycle starts again. Housing is entirely dependent upon interest rates. Interest rates are artificially low because an increase would be disastrous to a fragile economy based in debt financing/trading. Currently there is over 200 billion dollars worth of escrowed housing with clouded title (toxic assets) in security holding (mostly by Fanny and Freddy)from the last popped housing bubble – they just never learn.
All you Americans better rush out and buy a house today, its a good investment again.
The slopes of the seasonally adjusted and raw data over one year, by definition, should the same. Anything else means we are being played for suckers.
I have always been skeptical when the press reports “seasonally adjusted” data. The underlying assumptions from the press and government who put out “seasonally adjusted” data is “we know best” and “you are too stupid to understand” so here are some “seasonally adjusted” data for you plebes.
Instead of “seasonally adjusted” data, it is more accurate to call it “seasoned” data.
“Seasoned” being a euphemism of course.
Clearly, all the people who have lost their jobs working on the AGW scam are now working for the housing people. Same stuff – the actual data drops, and they tell us it’s going up. After all, who ya gonna believe? Them, or your lyin’ eyes?
KevinB beat me to it.
The Crmatologissts are expanding their career opportunities in the US government. Their federal stats have lsot all credibility.
Ya know it wont make any difference.
The terminally ignorant still do not get it and the only people who care about these stats being legit are going to keep on slinging the crap in hopes of fertilizing their futures.
Americans are SUCKERS.
SDA is way ahead of this curve……………..
what is going on here. Both blue and red arrow lines are from joining the end points. Should be a regression line. Red should be flatter and blue steeper. Point stands but much less strongly.
And the mortgage bubble cycle starts again. Housing is entirely dependent upon interest rates. Interest rates are artificially low because an increase would be disastrous to a fragile economy based in debt financing/trading. Currently there is over 200 billion dollars worth of escrowed housing with clouded title (toxic assets) in security holding (mostly by Fanny and Freddy)from the last popped housing bubble – they just never learn.
All you Americans better rush out and buy a house today, its a good investment again.
The slopes of the seasonally adjusted and raw data over one year, by definition, should the same. Anything else means we are being played for suckers.
I have always been skeptical when the press reports “seasonally adjusted” data. The underlying assumptions from the press and government who put out “seasonally adjusted” data is “we know best” and “you are too stupid to understand” so here are some “seasonally adjusted” data for you plebes.
Instead of “seasonally adjusted” data, it is more accurate to call it “seasoned” data.
“Seasoned” being a euphemism of course.
Clearly, all the people who have lost their jobs working on the AGW scam are now working for the housing people. Same stuff – the actual data drops, and they tell us it’s going up. After all, who ya gonna believe? Them, or your lyin’ eyes?
KevinB beat me to it.
The Crmatologissts are expanding their career opportunities in the US government. Their federal stats have lsot all credibility.
Ya know it wont make any difference.
The terminally ignorant still do not get it and the only people who care about these stats being legit are going to keep on slinging the crap in hopes of fertilizing their futures.
Americans are SUCKERS.
SDA is way ahead of this curve……………..