Housing Auctions not doing so well!!

Discussion in 'Wall St. News' started by S2007S, Oct 23, 2006.

  1. S2007S


  2. probably because the intrinsic value of a home is basically 10 * (annaul rent.).and rents are strongly correlated with incomes of working people..real wages have not increased much in 10 years, yet home values skyrocketed....duh...
  3. I would say 15 times... anything more is overpriced though. In some markets its probably close to 50. lmao
  4. what are you laughing at, you don't own one.