The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (18258)	3/7/2004 2:49:31 PM
From: bozwood	Read Replies (1) of 306849

I agree with you regarding corporate profits mainly because there is not really much pricing power out there. In more "normal" times corp profits may be a better proxy, but not right now. However, I guess I don't agree that they ever really explain housing prices. "Salary levels would be relevant but he doesn't mention that." Agreed. Possibly % changes in personal income would be a better explanatory measure too.

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