“43% Overpriced”

[TheBreeze]

Overall incomes can go up during recessions, even bad ones.

Consider that during the last prolonged recession in San Diego the median household income increased from about 32K in 1990 to about 37K in 1995.

Interesting. Why do incomes go up during a recession? Is it because more low-wage folks get laid off and don’t get figured into the median?

In the upcoming recession, I would expect that several of the hundred-thousand dollar former RE pros will get laid off/go out of business. This is why I would expect the median income in San Diego to go down over the next few years. Guess we’ll have to wait and see what happens.

[TheBreeze]

Overall incomes can go up during recessions, even bad ones.

Consider that during the last prolonged recession in San Diego the median household income increased from about 32K in 1990 to about 37K in 1995.

Interesting. Why do incomes go up during a recession? Is it because more low-wage folks get laid off and don’t get figured into the median?

In the upcoming recession, I would expect that several of the hundred-thousand dollar former RE pros will get laid off/go out of business. This is why I would expect the median income in San Diego to go down over the next few years. Guess we’ll have to wait and see what happens.

[TheBreeze]

Overall incomes can go up during recessions, even bad ones.

Consider that during the last prolonged recession in San Diego the median household income increased from about 32K in 1990 to about 37K in 1995.

Interesting. Why do incomes go up during a recession? Is it because more low-wage folks get laid off and don’t get figured into the median?

In the upcoming recession, I would expect that several of the hundred-thousand dollar former RE pros will get laid off/go out of business. This is why I would expect the median income in San Diego to go down over the next few years. Guess we’ll have to wait and see what happens.

[(former)FormerSanDiegan]

It would be useful to know what % of households have $52K median income and what % of homes are priced at the median.

Statistically speaking, there may only be as few as ONE single house priced at the median. Same with median income.
🙂

(Shiloh. I hope you were trying to be funny.)

[(former)FormerSanDiegan]

It would be useful to know what % of households have $52K median income and what % of homes are priced at the median.

Statistically speaking, there may only be as few as ONE single house priced at the median. Same with median income.
🙂

(Shiloh. I hope you were trying to be funny.)

[(former)FormerSanDiegan]

It would be useful to know what % of households have $52K median income and what % of homes are priced at the median.

Statistically speaking, there may only be as few as ONE single house priced at the median. Same with median income.
🙂

(Shiloh. I hope you were trying to be funny.)

[(former)FormerSanDiegan]

It would be useful to know what % of households have $52K median income and what % of homes are priced at the median.

Statistically speaking, there may only be as few as ONE single house priced at the median. Same with median income.
🙂

(Shiloh. I hope you were trying to be funny.)

[(former)FormerSanDiegan]

It would be useful to know what % of households have $52K median income and what % of homes are priced at the median.

Statistically speaking, there may only be as few as ONE single house priced at the median. Same with median income.
🙂

(Shiloh. I hope you were trying to be funny.)

[NotCranky]

Interesting. Why do incomes go up during a recession? Is it because more low-wage folks get laid off and don’t get figured into the median?

I wonder too, so I will put out the “dumb question”. Are those years, I believe FSD said 90-95, considered inflationary recession years?

[NotCranky]

Interesting. Why do incomes go up during a recession? Is it because more low-wage folks get laid off and don’t get figured into the median?

I wonder too, so I will put out the “dumb question”. Are those years, I believe FSD said 90-95, considered inflationary recession years?

[NotCranky]

Interesting. Why do incomes go up during a recession? Is it because more low-wage folks get laid off and don’t get figured into the median?

I wonder too, so I will put out the “dumb question”. Are those years, I believe FSD said 90-95, considered inflationary recession years?

[NotCranky]

Interesting. Why do incomes go up during a recession? Is it because more low-wage folks get laid off and don’t get figured into the median?

I wonder too, so I will put out the “dumb question”. Are those years, I believe FSD said 90-95, considered inflationary recession years?

[NotCranky]

Interesting. Why do incomes go up during a recession? Is it because more low-wage folks get laid off and don’t get figured into the median?

I wonder too, so I will put out the “dumb question”. Are those years, I believe FSD said 90-95, considered inflationary recession years?

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