Census Estimates for 2005 -> 2010 apportionment

[Beet]

1. Actually the first wave of Northeastern urbanization hit its relative peak in 1930, even before the New Deal. The cities that we now call the rust belt began to decline at that time, though final absolute decline was not seen until about 1950.

2. Yeah, the Census bureau is biased Pym. Statistical facts are clearly being twisted by the rhetorical magic surrounding them.

It might be better to ask why the housing market is biased. If people are moving into North Dakota and West Virginia, the law of supply and demand suggests that the price or quantity of housing should be growing in those areas, while it should be falling in New York and Boston.

Clearly this is not the case, quite the opposite. The market boom has been most pronounced in those regions which are losing population.

WHY?

[Beet]

1. Actually the first wave of Northeastern urbanization hit its relative peak in 1930, even before the New Deal. The cities that we now call the rust belt began to decline at that time, though final absolute decline was not seen until about 1950.

2. Yeah, the Census bureau is biased Pym. Statistical facts are clearly being twisted by the rhetorical magic surrounding them.

It might be better to ask why the housing market is biased. If people are moving into North Dakota and West Virginia, the law of supply and demand suggests that the price or quantity of housing should be growing in those areas, while it should be falling in New York and Boston.

Clearly this is not the case, quite the opposite. The market boom has been most pronounced in those regions which are losing population.

WHY?

I think you have it backwards.  People are starting to move out of those areas because the cost of living has risen so high there.

Then prices should be falling, not rising.

[Beet]

Prices of housing in metro areas is rising because of sepculation in the markiet, investors buying housing isntead of equities because the returns are higher.

Thanks for trying to answer the question, John.

So basically what you are saying is that people are buying simply in anticipation of appreciation-- that they are buying but not occupying, or renting at a loss?

Carl- I believe it's spelled "psephologist". I'm normally not a stickler for spelling but some people might not know what the term means. Also-- do you have a source for your claim? The D.C. suburbs have been trending Democrat since the 1970s and the vast majority of them were established after World War II.

[Beet]

Prices of housing in metro areas is rising because of sepculation in the markiet, investors buying housing isntead of equities because the returns are higher.

Thanks for trying to answer the question, John.

So basically what you are saying is that people are buying simply in anticipation of appreciation-- that they are buying but not occupying, or renting at a loss?

Carl- I believe it's spelled "psephologist". I'm normally not a stickler for spelling but some people might not know what the term means. Also-- do you have a source for your claim? The D.C. suburbs have been trending Democrat since the 1970s and the vast majority of them were established after World War II.

First, please excuse the typo. Thanks for the correction.

Second, perhaps I did not make it clear, but I did not mean ALL suburbs that came into existance since WW II were trending Republican.

Third, CQ has analysis of this every four years.

Ok thanks.