Tuesday, March 18, 2008

Link to Fortune Magazine article on Real Estate Prices

Real estate: Buy, sell, or hold?

That's the question homeowners are asking in the midst of the worst real estate slump in decades. Our exclusive calculations can help you figure out what your house will be worth in coming years.

Too good of an article to miss. Very long. Will digest and comment later. But the news is gloomy. However, the premise of the article - the thing that anchors the whole theory - is that the ratio of Rents to Purchase Prices is out of whack. A but of a stretch, in my opinion.