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drunkle.
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February 5, 2008 at 11:39 AM #11715February 5, 2008 at 11:51 AM #148359
davelj
ParticipantI think maybe two better questions are: (1) What has been the annualized increase in rents in the area you’re looking at, and (2) What has been the annualized increase in income in the area you’re looking at. I’d argue that the generic rate of inflation doesn’t get to the heart of the matter. Affordability (re: incomes) and economics (re: rents) do.
February 5, 2008 at 11:51 AM #148710davelj
ParticipantI think maybe two better questions are: (1) What has been the annualized increase in rents in the area you’re looking at, and (2) What has been the annualized increase in income in the area you’re looking at. I’d argue that the generic rate of inflation doesn’t get to the heart of the matter. Affordability (re: incomes) and economics (re: rents) do.
February 5, 2008 at 11:51 AM #148642davelj
ParticipantI think maybe two better questions are: (1) What has been the annualized increase in rents in the area you’re looking at, and (2) What has been the annualized increase in income in the area you’re looking at. I’d argue that the generic rate of inflation doesn’t get to the heart of the matter. Affordability (re: incomes) and economics (re: rents) do.
February 5, 2008 at 11:51 AM #148628davelj
ParticipantI think maybe two better questions are: (1) What has been the annualized increase in rents in the area you’re looking at, and (2) What has been the annualized increase in income in the area you’re looking at. I’d argue that the generic rate of inflation doesn’t get to the heart of the matter. Affordability (re: incomes) and economics (re: rents) do.
February 5, 2008 at 11:51 AM #148611davelj
ParticipantI think maybe two better questions are: (1) What has been the annualized increase in rents in the area you’re looking at, and (2) What has been the annualized increase in income in the area you’re looking at. I’d argue that the generic rate of inflation doesn’t get to the heart of the matter. Affordability (re: incomes) and economics (re: rents) do.
February 5, 2008 at 11:55 AM #148716robson
ParticipantYour answer is found here http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=dropmap&series_id=CUURA424SA0,CUUSA424SA0
2002 the San Diego CPI was 198. Now it’s at least 234. This means a house worth $300,000 in 2002 (the April Median) should be worth 300,000*(234/198) or $354,500. The latest median per dataquick was 430,000 in December.February 5, 2008 at 11:55 AM #148364robson
ParticipantYour answer is found here http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=dropmap&series_id=CUURA424SA0,CUUSA424SA0
2002 the San Diego CPI was 198. Now it’s at least 234. This means a house worth $300,000 in 2002 (the April Median) should be worth 300,000*(234/198) or $354,500. The latest median per dataquick was 430,000 in December.February 5, 2008 at 11:55 AM #148646robson
ParticipantYour answer is found here http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=dropmap&series_id=CUURA424SA0,CUUSA424SA0
2002 the San Diego CPI was 198. Now it’s at least 234. This means a house worth $300,000 in 2002 (the April Median) should be worth 300,000*(234/198) or $354,500. The latest median per dataquick was 430,000 in December.February 5, 2008 at 11:55 AM #148616robson
ParticipantYour answer is found here http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=dropmap&series_id=CUURA424SA0,CUUSA424SA0
2002 the San Diego CPI was 198. Now it’s at least 234. This means a house worth $300,000 in 2002 (the April Median) should be worth 300,000*(234/198) or $354,500. The latest median per dataquick was 430,000 in December.February 5, 2008 at 11:55 AM #148634robson
ParticipantYour answer is found here http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=dropmap&series_id=CUURA424SA0,CUUSA424SA0
2002 the San Diego CPI was 198. Now it’s at least 234. This means a house worth $300,000 in 2002 (the April Median) should be worth 300,000*(234/198) or $354,500. The latest median per dataquick was 430,000 in December.February 5, 2008 at 12:06 PM #148652bob007
Participantgood point
i do not have data on rents for the particular area
February 5, 2008 at 12:06 PM #148721bob007
Participantgood point
i do not have data on rents for the particular area
February 5, 2008 at 12:06 PM #148369bob007
Participantgood point
i do not have data on rents for the particular area
February 5, 2008 at 12:06 PM #148621bob007
Participantgood point
i do not have data on rents for the particular area
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