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(23,671 posts)

2. Probably not until wages begin to match, or exceed, inflation

Wed Mar 7, 2012, 01:53 PM

Mar 2012

Houses are still expensive compared to wages on a historical basis.

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When Will U.S. Home Prices Finally Stop Falling And Begin To Rise? [View all] No DUplicitous DUpe Mar 2012 OP

Not anytime soon. hifiguy Mar 2012 #1

ridiculous BootinUp Mar 2012 #3

Probably not until wages begin to match, or exceed, inflation DJ13 Mar 2012 #2

+1 YoungDemCA Mar 2012 #4

Bingo. hifiguy Mar 2012 #5

Exactly right! sdfernando Mar 2012 #13

home prices are still over inflated frylock Mar 2012 #6

As noted above, has to do with jobs n2doc Mar 2012 #10

Home Prices Are Falling Back in Line with Incomes Yavin4 Mar 2012 #11

Mine dropped another 2.2% SoCalDem Mar 2012 #14

I'm a homeowner, but I am happy that house prices are falling, Nye Bevan Mar 2012 #15