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To: jmiller099 who wrote (80669)6/26/2008 11:23:18 AM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 116555
 
Why use the median income? That's never been a good barometer for many areas, especially areas with a tremendous number of retirees who own their houses clear and free.

Why not use historical regional affordability (which is what you are trying to express - incorrectly - with the median income statistic, I suspect) versus 5-7 year future price movement which is and should be the minimum holding period for the asset?