how to make the median meaningful, page-5

It's not a bad analogy.

Expulsion of the 7 year olds is equivalent to the ommission of the lower priced transactions in the median house price lies.

All the REIV for instance needs to do is deliberate omit the lower price transactions in their median price calculation and the next day the Fairfax property writer pens an article with the headline - Burwood house price goes through the roof at $800K ! Wow.

Too bad, such nonsense is not even appreciated by other RE spruikers who feel such crap as too unconvincing and damaging to their spruiking cause.

I once knew a real estate agent who was quite honest...really...I mean it.