Eventually house price is related to income,

来源: 于 2014-10-19 21:03:37 [旧帖] [给我悄悄话] 本文已被阅读：次
May be not 100% at any moment.

"2008年许多地区房价下跌25-45%" is because the house pricing rised much fater than income in previous 8 years. In many area, house price more than doubled in previous 8 years, income rised only 20-30 percent.