191–200 of 313 posts
This analysis is simplistic and flawed. It asserts a correlation between the fried chicken/coffee shop ratio index and home price, which is reasonable enough. It then assumes that homes that are undervalued vis-a-vis their implied value by the FC/CS index are up and coming. This likely makes sense in an environment of overall rising house prices. However if house prices are falling or stagnant overall it may be the c…
Yuppies...
This analysis is simplistic and flawed. It asserts a correlation between the fried chicken/coffee shop ratio index and home price, which is reasonable enough. It then assumes that homes that are undervalued vis-a-vis their implied value by the FC/CS index are up and coming. This likely makes sense in an environment of overall rising house prices. However if house prices are falling or stagnant overall it may be the c…
y = ax + by + cz + (zero-mean nuisance),
I can estimate a least-squares model of the form
y' = ax + b*y + (zero-mean nuisance)
and get a correct estimate of b, as long as y and z are uncorrelated.
(Where this breaks down: for example, a regression of IQ on age and arm length; omit age and you'll get longer arms (older kids) producing higher IQ scores, because age and arm length are correlated.)
There's no justification for the assumption of a high coffee-to-chicken ratio implying up-and-coming. It's not an unreasonable assumption, but it's definitely anecdotal.
Earlier quoted context omitted.
I'm not from America - care to explain?
I'm not an American, but I believe they are referring to the racist meme that associates fried chicken to Americans of non-white ethnicities. This differs from the UK where fried chicken is more associated with the lower classes than a particular race.
Earlier quoted context omitted.
I'm not from America - care to explain?
I'm not an American, but I believe they are referring to the racist meme that associates fried chicken to Americans of non-white ethnicities. This differs from the UK where fried chicken is more associated with the lower classes than a particular race.
Earlier quoted context omitted.
Jogging, fried chicken, and coffee shops. Yup. You'd be paying fines and penalties if you posted this from the USA. I doubt there'd be criminal prosecution under 42 USC unless you repeatedly continued posting this kind of content after warnings, but that is not legal advice. It's illegal for anyone involved in the housing or real estate industries to propagate racist information. Also it's illegal to advocate racist…
Wait, What? There is a law against giving racist real estate advice? That, isn't actually true, is it? You are joking? Is that actually true?!
A more interesting indicator that authors may consider is how many people living in the area do jogging. When I moved to London's SE4 postcode three years ago (it's pretty close to Peckham, FWIW), the regeneration of the area has just started and the more middle-class looking people appeared around, the more men and women in running gear were visible in the streets in the morning. Poor on average take worse care of t…
Jogging, fried chicken, and coffee shops. Yup. You'd be paying fines and penalties if you posted this from the USA. I doubt there'd be criminal prosecution under 42 USC unless you repeatedly continued posting this kind of content after warnings, but that is not legal advice. It's illegal for anyone involved in the housing or real estate industries to propagate racist information. Also it's illegal to advocate racist…
I live in Berlin and would have trouble correlating any of the above with distinct subsets of the population -- all kinds of people from natives to immigrants, young and old, rich and poor go jogging, eat fried chicken (or Döner) and have coffee.
Earlier quoted context omitted.
Jogging, fried chicken, and coffee shops. Yup. You'd be paying fines and penalties if you posted this from the USA. I doubt there'd be criminal prosecution under 42 USC unless you repeatedly continued posting this kind of content after warnings, but that is not legal advice. It's illegal for anyone involved in the housing or real estate industries to propagate racist information. Also it's illegal to advocate racist…
Wait, What? There is a law against giving racist real estate advice? That, isn't actually true, is it? You are joking? Is that actually true?!