4plex, I did home price/rent calculations for San Diego going back to 1983, and I’ve not seen it get as low as 8 or 10. The lowest is 13. Maybe my data does not line up properly with the way you price rental SFR. I’m using OFHEO HPI for median home price, and BLS rental index based on average Craiglist rents (per Rentslicer) for rents. I would like to do a chart of price/rent using SFR, but I don’t have any data points I can use. What do you think would be reasonable sources for median home price for a 4 bedroom home today, and a 4 bedroom rental today. I can use the index to adjust these figures back several decades. Why do you think we will go back to 1998 prices? That would require a very big overshoot on the downside.
