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Technology Stocks : Intel Corporation (INTC)
INTC 36.61+1.1%2:58 PM EST

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To: GVTucker who wrote (171182)9/23/2002 5:58:14 PM
From: Jim McMannis  Read Replies (1) of 186894
 
RE:"The CPI includes a rather significant factor for housing rental, including the rental equivalent of owning a house"

Obviously rents haven't gone up with prices.
Also with low rates, the monthly mortgage cost has been dampened a bit but here it's gotten way past the point where you can buy and then rent it out and cover your costs.
Also there are a lot more rent signs here than there used to be. Another sign of a top.

Jim
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