Title: "What the matrix can teach us about real estate statistics"
Not not this matrix....this matrix.
Nothing is what is seems. There is a layer of fake reality above the real world when it comes to real estate statistics.
The market is nothing more than a collection of individuals, only sometimes behaving rationally,
Most people are behaving in what they believe to be self interest.
You know how irrational the stock market is (exhibit A: nasdaq tech bubble), yet in the stock market there are only investments. With real estate, for most people, they think home first and investment second. This leads to even more emotion in the process.
When the market got out of whack in many areas, people started believing investment first an irrational bubble was created.
to borrow a line fro the matrix: real estate stats are simtaneaously the source of the greatest misunderstanding and over reliance.....
The Architect: Humph. Hope, it is the quintessential human delusion, simultaneously the source of your greatest strength, and your greatest weakness.
the delusion of real eatate stats
what the matrix teaches us about re stats
Humph. REAL ESTATE STATS. it is the quintessential human delusion, simultaneously the source of your greatest KNOWLEDGE, and your greatest MISCONCEPTIONS.
STATISTICS. it is the quintessential REAL ESTATE delusion, simultaneously the source of the greatest KNOWLEDGE, and the greatest MISCONCEPTIONS ABOUT THE MARKET.