News for hackers. Stuff that matters.
Re:It's A Terrible Time To Buy An Expensive House by tootie on Tuesday September 17, 2013 @09:42AM (#6399174)
He kinda ignored supply and demand.
Re:It's A Terrible Time To Buy An Expensive House by nilkn on Tuesday September 17, 2013 @09:42AM (#6399177)
Point 6 in the article is about supply and demand.
Re:It's A Terrible Time To Buy An Expensive House by kevjiang on Tuesday September 17, 2013 @10:12AM (#6399363)
Rental prices are based on supply and demand, except for in a few cases (for example, rent control). That's why he suggests using rental prices as a way to check how reasonable a house price is.