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: bentway who wrote (26980)	2/8/2005 8:36:12 PM
From: Elroy Jetson	Read Replies (1) of 306849

This chart shows how real estate prices rise in tandem with incomes. The charts shows home prices declined 50% during the depression. Construction cost, shown on the chart, are a good proxy for the CPI. One the other hand, the CPI Rent Index is a fantasy number used by the government to under-report inflation. This chart is updated yearly to 1987 and is made up of just a few points after that date. home.pacbell.net The home prices are a series of Los Angeles same home prices reappraised every three months by the Appraisal Association.

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