Tuesday, June 03, 2008

Housing Prices Never Go Down

It was a common mantra whilst working in banking. And in previous posts I predicted housing had to correct by about 25-30% to be in line with historical trends in terms of house price to rents and house price to incomes. Still, the visual on this chart is just wonderfully vindicating.

1 comment:

Unknown said...

I know you love graphs and I ran across this link 2 nite.

http://langley-financial-planning.blogspot.com/

Your favorite banker