Now I’m confused. I thought the argument was that “the percentage tends to stay the same”. The Zillow stats posted indicate that in 5 of the 7 zip code comparisons, the percentage most certainly does not stay the same, or anywhere near it. Where’s the support for the argument?
The Zillow data also relates to a bull market run, when what we really need to see is a bear market run (1990-1997) comparison.
