"Houses are NOT expensive. They are actually getting CHEAPER." --Priced in #Gold
Keeping an eye on this chart and hoping to buy when home prices fall back down to the support line
Residential housing is a huge asset class so I wanted to analyze it in simplistic format. I broke up this chart showing the period during the mid-1960's through early 1980's when inflation & interest rates took off and the period during the 40 year long downtrend in interest rates; which ended a couple of years ago. So we have another break in this chart that...
Houses priced in #gold are NOT expensive. They can get less expensive if that thick black line fails.
The formula that I worked on for weeks, finally I can put the puzzles together a chart of an ongoing real estate chart and what I provided is an economic formula that's used to adjust the median sales price of houses sold in the US for inflation and mortgage rates. Here's what each part of the formula means in more detail: MSPUS: This variable represents the...