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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Tradelite who wrote (14824)11/5/2003 10:45:54 AM
From: marginmikeRead Replies (1) | Respond to of 306849
 
value is not a relative term. there are many Rent to cost ratios and others that can determine when things are "overpriced". In many places houses are overpriced on many metrics(mostly the big cities like NYC and burbs etc). Those prices will come into norm eventially



To: Tradelite who wrote (14824)11/5/2003 10:46:54 AM
From: marginmikeRead Replies (1) | Respond to of 306849
 
value is not a relative term. there are many Rent to cost ratios and others that can determine when things are "overpriced". In many places houses are overpriced on many metrics(mostly the big cities like NYC and burbs etc). Those prices will come into norm eventially