Sdduuuude, I think everybody has a tendancy to focus on articles or figures that support their beliefs, including yourself.
One cannot argue with history, however. Every time there has been a significant runnup in housing prices to earnings, it has corrected to the mean.
I’m sure there were a lot of people in Japan who were saying the same thing you are, just before a very painful slide. Their propery values are now what they were 23 years ago.
You have the unpleasant tone of a person invested in real estate and unwilling to hear anything that would threaten your assets. Are you a realtor? Perhaps a deeply mortgaged homeowner?
