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

To: Live2Sail who wrote (42620)	10/5/2005 12:57:38 AM
From: Lizzie Tudor	Respond to of 306849

totally agree, renters here have better incomes than owners. The only difference is the net worth.

To: Live2Sail who wrote (42620)	10/5/2005 2:54:51 AM
From: John Vosilla	Respond to of 306849

Yeah but would you take all that net worth and less income or zero net worth and a high paying job?

To: Live2Sail who wrote (42620)	10/5/2005 11:06:46 AM
From: GraceZ	Respond to of 306849

The link you had didn't seem to go anywhere (maybe it was too long). You can get the original data on this page: economagic.com Renters worse off the homeowners. I could buy that for everywhere except the Bay Area. You have to understand that when you look at data on a macro level, the data encompasses all extremes in either direction. When the FOR is measured for homeowners it includes the 40% of homeowners who own their own homes outright and have no mortgage payments as well as those who have 125% mortgages. The macro data would also include the renter who just graduated from college with 180k worth of student loans and a car loan as well as those who make 100k with no debt.