seems like a reasonable ratio – might even say that there was enough potential demand to support prices in the $800K+ market – so far, that has been the case although prices in that bracket appear to be softening lately
[esmith: I sniped at you recently and I apologize for that – I take great exception to all the Keynesian, free-lunch-for-everybody, all-we-have-to-do-is-print-more-money type thinking that seems to be prevalent these days – many of your economy-related posts strike me as falling into that camp but it was inappropriate for me to single you out since TPTB want us all to think exactly that way and you are by no means the only person on this board who posts that kind of stuff]
