Given the uptick in the financial markets this week, the positive sign that many seem to be taking from it, and the fact that it involves endless digits of circular numeric calculations, yesterday was Friday the 13th (there are 4 in 2009), so we should:
Do The Math After all, its 3.14…
National Pi Day: Congress took time from it’s busy bailout schedule designating today as National Pi Day.
Here is, quite appropriately, an attempt at a monetized version. Some even argue that Pi is better than sex, but I suspect that is difficult to calculate. Wikipedia has an amazing presentation on Pi for those who are curious. Here’s the million digit version.
Ï€ is defined as the ratio of a circle’s circumference to its diameter
Ï€ can be also defined as the ratio of a circle’s area to the area of a square whose side is equal to the radius
In real estate economics (Matrix-wise), a Pi-type formula might be expressed as:
property value = ((consumer confidence + (1-their employment outlook/their employment outlook)) + (personal drive for home ownership x irrational behavior) + ((total distance from schools+ total distance from employment)/(White Castle projected visits/Whole Foods projected visits))/(mortgage rates x cash on hand x affordability ratios x size of down payment)/(mood of bank underwriter – name on stadium factor + amount borrowed from US Treasury))
In other words, its complicated.
Perhaps we can turn to Albert Einstein because its his birthday today and simply use E = mc squared and apply it to housing values to figure this all out.
Ok, back to reality.