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  1. S

    What do you guys think?

    When did we start switch to real income and real prices? And all "all else being equal?" Nice qualifier. You are very good at replying to a statement no one was talking about as long it suits your own agenda. Very skilled indeed.
  2. S

    What do you guys think?

    2000 1990 1980 1970 1960 1950 1940 1930 1920 1910 1900 United States 66.2% 64.2% 64.4% 62.9% 61.9% 55.0% 43.6% 47.8% 45.6% 45.9% 46.5% seems the geometric increase you speak of was from 64.2% in the 1990's to 66.2%. The largest jump actually occurred in the 40's and 50s and...
  3. S

    What do you guys think?

    The irvine numbers from 2000 to 2010 are in line with rest of CA. 38% from 2000 to 2010. Not sure what Irvine's unemployment rate 7.8% (not 12.1%) has do with affordability of housing. In so far as it holds down incomes broadly speaking, yes. But that has already been factored into the income...
  4. S

    What do you guys think?

    Nominal incomes didn't double but nominal personal per capita income is up 40% from 1999 to 2010 in california. Interest rates are are down 44% over that same period of time. Combined together, prices could have increased about 70% if people are really buying on "payment" basis and spending the...
  5. S

    Great article on IHB

    http://www.irvinehousingblog.com/blog/comments/a-detailed-look-at-irvine-village-premiums-by-global-decision-and-ihb/#more
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