>
>Here in the U.S., the ratio of average house prices to average
>incomes hit a record in early 2006. They've come off the peaks, but
>not by much. Which is the good news here?
>
The only thing I can think of is that if you bought a house thirty years
ago and you;re ready to retire, you can sell the bitch and have a much
cushier retirement than you might have had otherwise.
Joanna