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RVB's Market Musings

What began here as an avenue to interact and learn has far exceeded those goals.

If you are a prospective employer, please consider this site a place where you can see my passion for investing...

Tuesday, October 03, 2006

Housing Chart #3

Source: Factset Research Systems, dotted red line is at 100 on the right axis for the affordability index (above 100 is considered "affordable")

My main question is, what does it take to get us back where we were in terms of affordability? Prices can correct and are doing so, but they've a ways to go for that to happen!


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