[quote=AN]Where did you get the historical ratio for San Diego? Mira Mesa is currently at 4.2.[/quote]
I’m not sure where to find household historical ratios myself. In a posting underhttp://piggington.com/shambling_towards_affordability_december_2008_edition
SDEngineer commented: [quote=SDEngineer]As noted in a previous post, Rich is using per capita income in his post. The 3-4x national ratio is using median household income. There’s a large difference between household and per capita income.
In San Diego, per capita income (2006 numbers) was about 39K. Household income for the same period was about 66K.
Using those numbers, San Diego’s historical price to income ratio is normally in the 4x-5x median household income. More expensive than national, yes, but not quite as bad as you thought.
