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This article is complete BS. According to the chart above, the House prices already fell entire 2% from the top.
Apr 30 12:29 pm
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All Comments by evergreen16 »Real Estate: Rentals and Sales Prices Out of Sync [View article]
Now, in reality, the drop is already more than these 21%, and prices have returned below 2003 levels. Looks like it's time to come up with some new charts! Because if you correct the House price curve, it will show you, that rents are already higher? Why don't you take it home as an assignment and show us some real data where rents stand!