Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: koan who wrote (77799)	4/16/2008 3:31:52 PM
From: Elroy Jetson	Read Replies (1) of 116555

If incomes rise due to inflation or economic growth, then real estate prices will not decline quite as far as they would have otherwise. The long-term relationship between income and real estate prices is inviolate. In the short-term the rise in real estate prices have far exceeded the rise in incomes. This substantial imbalance will correct in Alaska and all other areas where this has occurred. .

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