by Vicente ➕follow (1) 💰tip ignore
Click graph for much larger version.
Any questions?
OK you want more words with it read Ritholtz:
http://www.ritholtz.com/blog/2012/04/the-problem-with-home-prices-part-3-or-5/
#housing
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Looks like housing still has a ways to fall just to get back to the normal range relative to income.
Alternatively, the price stays till household income catches up.
Is the bubble affecting the mean? (i.e. pushing it higher than it shoud be)
Click graph for much larger version.
Any questions?
OK you want more words with it read Ritholtz:
http://www.ritholtz.com/blog/2012/04/the-problem-with-home-prices-part-3-or-5/
#housing