PC, once again, I completely agree with you. I’m optimistic on the general economy and realist about the RE market. I don’t care how we reach fundamental. I know they will eventually get there. Be it rent and income rising and have massive inflation, or price falling.
I also agree on the same home sale price over median. That’s similar to analysts looking @ same store sale for retailer instead of just total revenue. It gives you a much better picture of the condition on the floor.
