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: Wyätt Gwyön who wrote (69322)	12/24/2006 6:07:20 PM
From: Lizzie Tudor	Read Replies (1) of 306849

the California average is around ten times income. Do you have a source for this, it sounds a little unbelieveable to me. People with $150K incomes are not getting $1.5 million dollar mortgages, they are just not. They might be buying $1.5mm houses, thats different.

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