Price of housing rises not sustainable

It's all very simple. It comes down to calculating the gradient or slope of a line

difference in y / difference in x.

Why nothing ever goes up forever? Because x cannot be 0! No matter what bullshit the media sprouts about housing going up forever, it's not sustainable. Sure, it can go on for a long time. Years even. But nothing ever rises forever, simply because of that mathematical fact.

Put simply, plot a graph of X vs Y. Imagine Y to be the price of housing and X to be demand. For Y to keep rising, X has to keep rising. Now, what is X? People. People buying. And there's a finite number of people, yes? Ah ha... now if everyone in Australia buys a house, what do you think will happen then? Is there a true housing glut? Oh really, how many people are speculating now buying several houses?

Bullshit is what I call it.

New version of QFR

At 1am this morning (8/8/09) I released the 8th version of QFR. It's been 2 years since I last released a major version. WOW. I just realised 2 years just went by.

At the end of the month I'll be doing volunteer tutoring for seniors, i.e. aged 50 and above. It's my hope that I'll start a school of sorts next year. Or end of next year. Have to train myself to be patient and figured this will teach me that. If not, well I'll have lots of old buddies. Or something. We'll see how it goes.

It's late now.. time to sleep.