Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. While I do make mistakes, I try hard to do my analysis thoroughly, and to make sure my data are correct (old habits die hard!) Also, don't ask me why I called it "Volewica". It's too late, now.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Thursday, September 26, 2013

Spot the housing bubble

This article has a really useful interactive chart showing housing affordability in several countries.

Frankly, houses look horribly expensive in Oz, and dirt cheap in the US (remember that the currency is irrelevant here)

At Th Age's website, you can select which countries to show, and compare them with your own.  Nice work!

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