I recently updated the price-to-income
and price-to rent-ratios for San Diego single family homes. 
I think these are the best metrics to determine whether homes are
overpriced or underpriced based on their fundamental economic
underpinnings.

It’s also interesting to look at the ratio of monthly payments
to incomes rents, but for a different reason.  I’ll get into
this in a moment, but first let’s check out the graphs:

Piggington's Econo-Almanac

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