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The idea of a 6 month emergency fund would be to have the amount of money it would actually cost you to live for 6 months. 6 X your monthly expenses, not 6x your gross pay or net monthly pay. Presumably most months you blow lots of money on whiskey and cigars which you light with $100 bills...

I finally found my source on nationwide median home prices, at least going back to 1968. Apparently the NAR only started keeping track of this data in 1968, and so it is probably utterly impossible to find median existing home prices from before 68. This is a graph of home prices divided...

The probably obvious answer: both things are important. People want square footage, they also want higher end materials and they want the place to be structured in whatever way they like best (large kitchen, for example). Your friend's way of focusing so strongly on square footage may be a...

This really isn't a very good article. It's already been shown that houses DON'T go up in value over time in the long run, and it is in fact impossible for them to go up in value faster than the rate of inflation over the long run, or nobody could ever afford them. Housing prices in the long...

Look at the fact that the "low" housing prices at the valley in the middle of the graph are the same as the prices at the beginning of the graph, and the same as the prices after the 80's boom peak. In fact, what looks like a valley in the middle of graph for housing prices is not a valley...

The Case Schiller graph doesn't show actual housing prices, it displays an inflation adjusted index which uses 100 to represent the starting point, not of any help for this purpose. And, Irvine Renter, I've already got the incomes (going back to 1945), I was looking for house prices.

Hi, does anyone here know of a source where I could find nationwide median house prices for the last 60+ years? I'd like to graph the ratio of housing prices to income over time, supposedly home prices have varied between 2x and 3x median family income (until now), but I'd like to actually...