Example - House prices regressed on long interest rate and GDP (and population)

[danfowler]

From @rgrp on April 6, 2013 15:40

• R example
• (Maybe we do in other languages too later ...)

What does it demonstrate: quickly getting data and using it together

Required data

• [x] House price data - http://data.okfn.org/data/house-prices-uk
• [x] UK Long interest rate - http://data.okfn.org/data/bond-yields-uk-10y
• [x] UK GDP - http://data.okfn.org/data/gdp-uk

Do we need this quarterly?

Why this analysis

• People are interested in house prices - why do they go up and down
• Classic explanation is other economic variables e.g. demand (GDP, population and interest rate (mortgages)), supply (housing stock). Here will just use demand variables and see what we find.

Copied from original issue: frictionlessdata/project#32

[danfowler]

From @rgrp on April 7, 2013 14:22

@mk270 ok all the data is there. Let me know how this is going :-)

[danfowler]

From @rgrp on July 7, 2013 16:57

Not a regression but a nice example of merging two inflation + house prices using data packages: http://explorer.okfnlabs.org/#rgrp/e3e0b0f18dfe151f9f7e + post http://okfnlabs.org/blog/2013/03/18/progress-with-data-explorer.html

[pwalsh]

DONE