Let's take a look at one of my favorite graphs: "home price/rent" RATIO.
The rent ratio is now around 27, it has always been around 14-18, so a price drop of 40% would be a return to the mean.Tuesday, October 16, 2007
How much can home prices drop in the USA
The rent ratio is now around 27, it has always been around 14-18, so a price drop of 40% would be a return to the mean.
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