[quote=peterb]Home prices are directly related to incomes and the price of borrowed money. There’s market pressure to keep incomes low and to raise the cost of money. These things do not look as though they are changing any time soon. Or for quite a while actually. The govt can mess with the mix all it wants. These things arent changing. US$ are getting harder and harder to find.[/quote]
1997 pricing? But in the other thread, didn’t TG already see 1985 pricing? I am sure our income is much higher than that time and the price of borrowed money is much much lower as the nation was running double digit interest rate at that time.
