nomonkeybusiness.org

a no-nonsense clearing in
the personal finance jungle

By whom

Stuart Fowler - professional investor and finance author

For whom

Anyone trying to sort sense from nonsense in a seriously conflicted financial services industry

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Wealth management & planning for individuals

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No Monkey Business: what Investors need to know and why

(FT Prentice Hall 2002)

email Stuart Fowler

Sunday, October 2nd

House prices: the message is in the level, not the rate of change

I sent this letter to the FT, not necessarily to be published but to provoke some policy thinking about how to report conditions in the housing market. The typical focus on changes in the rate of change in nominal house prices is not a substitute for a compass of long term house price levels stripped of the 'money illusion' that distorts all long term UK data. Financial writers should be helping us to see the wood as well as the trees.
Stuart Fowler on 10.02.05 @ 11:00 AM GMT [">more..]

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