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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Amy J who wrote (11448)7/2/2003 1:49:08 PM
From: bozwoodRead Replies (1) of 306849
 
I think Grace and Steve made a point about the data measuring the avg vs median, so that may be part of the issue. There may be a large # of people paying a larger % of disposable income, for instance, being off-set by one very high income individual.

I agree it doesn't sound like a large % of income to be paying. I just try to look at that type of data on as long of a time period as possible and understand that there is *some* reason that in the past it was a much lower % than now, and that it has grown from there by what seems to be a significant amount.

Hope that answers your question.
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