Priced To Own--Probabilites Producing Profits
There is an old expression that comes to mind: "You can fool some of the people some of the time, but you can't fool ALL of the people ALL of the time!" Regardless of what the National Association of Realtors (NAR), the government, the lending industry (or even economists who should know better) are saying, the current housing market is still artificially high. If people could truly afford current home prices--on the basis of their actual incomes--the word "crisis" wouldn't appear in conjunction with the present housing market. Click Here to see the rest of this article.
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