Eventually house price is related to income,

来源: LAChinese 于 2014-10-19 21:03:37 [] [旧帖] [给我悄悄话] 阅读数 : (462 bytes)
本帖于 2014-10-19 21:08:47 时间, 由普通用户 LAChinese 编辑
回答: 有这种逻辑关系吗？ 由 老天真 于 2014-10-19 19:12:27

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.

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