I saw one picture of historical home price adjusted

for median income, it has returned to historical norm of 3, of course historically there were periods went
under 3.

I would think median income is a better adjustment than inflation.

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So you are saying layoff resulted lower wages will cause -daysofreckoning- 给 daysofreckoning 发送悄悄话 (32 bytes) () 01/28/2009 postreply 19:02:00

if recessions deepens, yes. -729418- 给 729418 发送悄悄话 729418 的博客首页 (0 bytes) () 01/28/2009 postreply 19:06:23

So you believe recession would not deepen? ~:~ -daysofreckoning- 给 daysofreckoning 发送悄悄话 (84 bytes) () 01/28/2009 postreply 19:09:58

I don't know what the future holds. I am impressed -729418- 给 729418 发送悄悄话 729418 的博客首页 (51 bytes) () 01/28/2009 postreply 19:59:07

good point, I am impressed too, it looks like -longtermInvestor- 给 longtermInvestor 发送悄悄话 longtermInvestor 的博客首页 (192 bytes) () 01/29/2009 postreply 00:02:09

Please, do not flatter them. ~:~ -daysofreckoning- 给 daysofreckoning 发送悄悄话 (0 bytes) () 01/29/2009 postreply 09:50:16

~:~ you know what, the key difference of so called -daysofreckoning- 给 daysofreckoning 发送悄悄话 (358 bytes) () 01/29/2009 postreply 09:49:12

回复:~:~ you know what, the key difference of so called -729418- 给 729418 发送悄悄话 729418 的博客首页 (43 bytes) () 01/29/2009 postreply 11:06:55

Bears never 赌. -daysofreckoning- 给 daysofreckoning 发送悄悄话 (0 bytes) () 01/29/2009 postreply 12:15:10

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