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Net worth of U.S. households skyrockets
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08-04-2007, 12:57 AM
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SypeKifef
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Oct 2005
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571
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i am just wondering, if housing value almost doubles in four years, and income is now where near following the same pattern, then would that mean eventually more people will end up in apartments.. i think that is a reasonable thought. but also housing is going up because more people are buying.. so i bet that once the houses become to expensive.. less people will buy.. and eventually things will go back to normal.. right? so probably we should all sell our houses and buy them again when they are cheap.. heh.
obviously i know nothing about markets economy and whatever.. i just kinda guess.
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