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: Elroy Jetson who wrote (28299)	3/21/2005 1:14:44 AM
From: Amy J	Read Replies (3) of 306849

Elroy, RE: "The relationship between income and real estate price is valid whether the market consists of 1,000 people with a lot of income or the same income divided between one million people." There's a chart you or Grace posted that shows a 50% increase in house prices (corrected by inflation) relative to income since women entered the workforce in 1970, I believe. Humor: If working and generating income leads to higher priced houses, why not stop working, have fun instead? Maybe all guys should stop slaving away and stop working. Watch house prices drop by 50%. : ) Regards, Amy J

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