Home › Forums › Housing › What are the “standard” fundamentals? › I don’t think there is a
I don’t think there is a ‘right’ answer to this. You will see lots of opinions, however.
My personal opinion is that Rich’s famous ‘income to median home price’ chart is right on the money.
http://piggington.com/images/primer/sdpricetoincome.gif
The red line is about what I would call the ‘fundamental’. You either buy on the bottom and get a short term gain, or at the top and weather a loss. Some might call the bottom the fundamental, however.
