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Old 02-07-2013, 09:04   #38
High Altitude
Senior Member
 
Join Date: Nov 2005
Location: Tennessee
Posts: 2,046
Quote:
Originally Posted by devildog2067 View Post
This is a demonstrably false statement.

As you said, there is a great deal of regional variability, but today's housing prices are within spitting distance of the historical average in California when measured as a multiple of median income.

The Okie Corral
It is a real world example that is 100% true.

The homes where I lived in SoCal that where being lived in by 1 income middle class families in the 60s are not affordable to 2 income, let alone 1 income, families of today, even with the same standard of living. Which proves my premise from my first post, depends where you live.

Your graph is not showing SoCal numbers.

Last edited by High Altitude; 02-07-2013 at 09:12..
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