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Anonymous
Anonymous
16 years ago

Hi Rich –
Thanks again for

Hi Rich –

Thanks again for making all the great data so easily accessible. Can you direct us to income data (eg. average annual income?) if it exists for each of these 4 categories? I would like to try to explore metrics that might capture the year-over-year income growth for San Diego. If it is possible to come up with related metrics for food and energy costs for San Diego then it should also be possible to produce a very gross predictor of changes in that portion of income that can be directed toward home purchase. Have you or anyone else here already done this?

I know one could maybe argue that food and energy prices are now themselves spiking and need to also deflate. Maybe they do have to come down, but I suspect they will only do so if the cost of credit spikes. So for now I think it is fair to use their prices in lieu of increased financing costs.