Discussion in 'Wall St. News' started by S2007S, Oct 23, 2006.
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...
I would say 15 times... anything more is overpriced though. In some markets its probably close to 50. lmao
what are you laughing at, you don't own one.
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