Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (43297)	12/22/2005 10:38:48 AM
From: John Vosilla	Respond to of 116555

"One could buy a block of homes for what the average house in CA costs. I think that is about right. Perhaps 15 homes from street to the next street on each side of the block. Let's say 24,000 average * 15 that is $360,000" It would be interesting to see some graph over a long period of time showing the price discrepancy between a place like Danville and a bubble market in California for the same equivalent property over that time. My guess is the price discrepancy today is the greatest of all by a wide margin. One of the biggest questions going forward is how the the discrepancy narrows over the next cycle and end up closer to historic norms..