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

To: marginmike who wrote (18384)	3/10/2004 12:59:34 AM
From: Elroy Jetson	Read Replies (3) \| Respond to of 306849

Let's just assume at the moment that I'm too lazy to make up a chart comparing Home prices to an inflation index. The Construction Cost index is fairly similar to a true inflation index. Because it contains a higher labor component, it actually increases a little faster than than the CPI, especially the new dishonest "inflation is really, really low - pay no attention to those rising prices" CPI. Just imagine the same chart of home prices adjusted for construction cost. home.pacbell.net A chart made by an industrious person would look something like this, except it would be better.