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Perhaps there's a bigger question in play, one that can't easily be resolved by a spot analysis of prices or any amount of regulation.
White said an Ofcom analysis of prices in 25 countries showed that average charges in markets with four competitors were around 10 to 20% lower than in those with just three.
In some once bubbly markets, prices have fallen so far that buying a home appears to be a bargain, based on a New York Times analysis of prices and rents in 54 metropolitan areas.
Mr Leonhardt writes:In some once bubbly markets, prices have fallen so far that buying a home appears to be a bargain, based on a New York Times analysis of prices and rents in 54 metropolitan areas.
Where foreign demand is an important part of the local property market, exchange rates matter for affordability, as our analysis of prices adjusted for trade-weighted exchange rates indicates (see chart).
This occasion allowed us to perform a first head to head comparative analysis of prices between Uber and yellow taxis in New York City.
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Volatility can be estimated by statistical analysis of price movements but it can't be measured in a precise, foolproof way, and estimates may not match reality.
In an analysis of price movements since early 2006, before the onset of the credit crunch, Academetrics found that prices in the capital are now 20% higher, but in the West Midlands and Wales they have remained flat.
The incongruity of it all can be seen clearly in an analysis of price-to-earnings ratios, a gauge of how expensive stocks are relative to their performance.
On the other hand, the consensus among Wall Street strategists is bullish: the Standard & Poor's 500-stock index will approach 1,500 within 12 months, according to a Bloomberg News analysis of price estimates for the index's underlying components.
And Canada's housing market looks very frothy on some measures: The Economist's analysis of price-to-rent ratios suggests that Canadian properties were about 75% above their long-run "fair value" in the first quarter of 2012 (see chart).
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