it helps buyers and investors determine which way the prices of 'commodity' in question are heading.
further away from 'mean'...greater the 'correction' in price of the aforementioned 'commodity' ...
for specific postcodes i would suggest applying other specific factors 'working' in those areas...
changing demographics, changing infrastructure, changing attitude of speculators regarding all or just that area, changing conditions regarding aquisiton of funds, changing standards of valuation of 'commodity' and lastly (for this post)changing outlooks on profits achievable in the class...
p.s. you keep asking where am i suggesting to buy...i'm not suggesting to buy anywhere !!!
- Forums
- Property
- we are just reverting to the mean !
we are just reverting to the mean !, page-8
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