agree with this analysis.

本帖于 2007-10-31 22:15:06 时间, 由普通用户 一块五一卷 编辑
回答: Strange situationmiat422007-10-31 16:17:24

and the absolute housing price may not come down too much (especially in Nor Cal), but eventually inflation will increase the buying power of buyers. In relative terms, the relative housing price is down, and although people's salary increase, their buying power did not increase, except in the housing sector. Is housing still the best protection against inflation this time around?

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You brought up a nice point: Inflation must catch up housing pri -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (738 bytes) () 10/31/2007 postreply 16:58:45

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