We have talked about affordabilty on this thread. Is there a chart here that Rich or someone else has made comparing affordability now to historical affordability. IMHO affordability is so far out of whack in SD compared to the last cycle that it has reached rediculous proportions. I did a annectdotal study yesterday and determined that the median would have to go back to around 240k to have the same affordability I experienced while home shopping in 1995,near trough in last cycle.Median for the year was $171,600.As always,only the rich and individuals from one or two specialties which are currently in demand have gotten richer, generally speaking.
