[jficquette]

MadeinTaiwan,

I do think its different this time. No reason to get into why. Its all been said by others.

Affordablity is based on relationship between median wage and house price.

Mid 90’s were the last time in SoCal they were even close to matching up.

Pendulum swings.

John

[jficquette]

MadeinTaiwan,

I do think its different this time. No reason to get into why. Its all been said by others.

Affordablity is based on relationship between median wage and house price.

Mid 90’s were the last time in SoCal they were even close to matching up.

Pendulum swings.

John

[jficquette]

MadeinTaiwan,

I do think its different this time. No reason to get into why. Its all been said by others.

Affordablity is based on relationship between median wage and house price.

Mid 90’s were the last time in SoCal they were even close to matching up.

Pendulum swings.

John

[jficquette]

MadeinTaiwan,

I do think its different this time. No reason to get into why. Its all been said by others.

Affordablity is based on relationship between median wage and house price.

Mid 90’s were the last time in SoCal they were even close to matching up.

Pendulum swings.

John

[jficquette]

MadeinTaiwan,

I do think its different this time. No reason to get into why. Its all been said by others.

Affordablity is based on relationship between median wage and house price.

Mid 90’s were the last time in SoCal they were even close to matching up.

Pendulum swings.

John

[jficquette]

[quote=4plexowner]I think this post shows why the top end will fall hard in the next year or two – the pool of potential buyers for houses requiring jumbo loans has shrunk dramatically

without cheap, fog-a-mirror jumbo loans the $700K+ market has a hard row to hoe[/quote]

I agree totally. There is no reason why houses should cost more then they did in 1995 which is the last time they were somewhat affordable.

John

[jficquette]

[quote=4plexowner]I think this post shows why the top end will fall hard in the next year or two – the pool of potential buyers for houses requiring jumbo loans has shrunk dramatically

without cheap, fog-a-mirror jumbo loans the $700K+ market has a hard row to hoe[/quote]

I agree totally. There is no reason why houses should cost more then they did in 1995 which is the last time they were somewhat affordable.

John

[jficquette]

[quote=4plexowner]I think this post shows why the top end will fall hard in the next year or two – the pool of potential buyers for houses requiring jumbo loans has shrunk dramatically

without cheap, fog-a-mirror jumbo loans the $700K+ market has a hard row to hoe[/quote]

I agree totally. There is no reason why houses should cost more then they did in 1995 which is the last time they were somewhat affordable.

John

[jficquette]

[quote=4plexowner]I think this post shows why the top end will fall hard in the next year or two – the pool of potential buyers for houses requiring jumbo loans has shrunk dramatically

without cheap, fog-a-mirror jumbo loans the $700K+ market has a hard row to hoe[/quote]

I agree totally. There is no reason why houses should cost more then they did in 1995 which is the last time they were somewhat affordable.

John

[jficquette]

[quote=4plexowner]I think this post shows why the top end will fall hard in the next year or two – the pool of potential buyers for houses requiring jumbo loans has shrunk dramatically

without cheap, fog-a-mirror jumbo loans the $700K+ market has a hard row to hoe[/quote]

I agree totally. There is no reason why houses should cost more then they did in 1995 which is the last time they were somewhat affordable.

John

[jficquette]

20% down use to be the standard down payment for loans a generation ago.

If the Banks had required 20% down this housing bubble would have never happened.

John

[jficquette]

20% down use to be the standard down payment for loans a generation ago.

If the Banks had required 20% down this housing bubble would have never happened.

John

[jficquette]

20% down use to be the standard down payment for loans a generation ago.

If the Banks had required 20% down this housing bubble would have never happened.

John

[jficquette]

20% down use to be the standard down payment for loans a generation ago.

If the Banks had required 20% down this housing bubble would have never happened.

John

[jficquette]

20% down use to be the standard down payment for loans a generation ago.

If the Banks had required 20% down this housing bubble would have never happened.

John

[Author]

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