U.S. home prices to household income. Long-run, prebubble avg < 3X. Bubble = 4X. Now right above prebubble 3X. @WSJ: http://bit.ly/1hfPIR7
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@WSJ: Is U.S. housing unaffordable? It depends how you chart it: http://on.wsj.com/Qz52nd pic.twitter.com/DN24G6HpvB”#BuyerBeware
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