AN,
To your point that “You can’t really compare the peak of the .com bubble with current wages, it just doesn’t work.”
That is the point. Alot of homes were sold based upon these salaries at the time which sent this market into overdrive beginning in the early 2000’s. The falling interest rates feed the beast and Voila! Here we are!
I Never said they caused the bubble but certainly they helped feed it.
