And Markor: it doesnâ??t matter if plepoe miss the absolute bottom; thereâ??s a huge difference choosing not to buy in the midst of a bubble (as in the last few years) and waiting for the technical bottom before buying.I didn't suggest otherwise. The fundamental bottom is when houses cost 100-120 times rent. Thatâ??s close enough to market bottom to buy in.Has that been the case at any time in Seattle in the last 20 years? 30 years? The price-rent ratio can fall by rents rising while house prices stay flat, even if incomes stay flat too, so I wouldn't necessarily call a return to some historical price-rent ratio a bottom .In other words, your post is just rhetorical nonsense.I don't see how you've made your case. Rate this comment: 0 0

by Orlando 03:46:14 AM 2012.12.09