[quote=jficquette]
I agree totally. There is no reason why houses should cost more then they did in 1995 which is the last time they were somewhat affordable.
John
[/quote]
Are you talking about nominal dollar term? If so, I have a very simple for you… inflation. In 1999, gas was well under $1, milk, eggs, etc were all much much cheaper in 1995. Same can be said w/ income as well. Rates were much higher back then too.