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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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From: John McCarthy2/21/2009 12:16:01 PM
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Looking for two graphs:

Alan Abelson (Barrons) displays two graphs in his
blurb this week. They are:

(a) Ratio of Home Prices to Rents

(b) Median House Price DIVIDED by Median Family Income

Both graphs imply/infer/whatever that there is a long
way to go (DOWN) in terms of getting house prices in line
with historical levels - OR THAT

(a) Rents would have to RISE dramtically

(b) Median Family Income would have to rise dramtically.

Can anyone here get and post these graphs.

Finally - Barrons via people it interviewed suggested
that NYC house prices will fall at least 30% for all
homes currently priced > $5,000,000.

regards
John
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