[quote=no_such_reality]I just realized your chart is price versus equally waited rent/income. Rent seems just as crazy as housing, how’s the chart look versus just income?
I agree today is much more rational than 2006, just with the incredibly low interest rates, I’d expect a higher multiple for lower income.[/quote]
It’s about the same. That’s why I started combining them, they were basically saying the same thing…
