Date: January 15th, 2007

The home pricing equilibrium

15 January, 2007 (11:54) | Uncategorized |

You’ll save a lot of time interpreting typical news stories if you’re aware of the pricing equilibrium.

 

Looks risky but actually in balance
 

Pricing equilibrium
 
In a normal home ownership market, household monthly payments are in equilibrium. 

 
The reasons are straightforward.
 

Don’t be confused by the possibilities
 
Generally speaking, people buy as much house as they can afford.  What they [...]