Global Real Estate Ratios

Trader’s Narrative has two excellent charts showing just how overpriced real estate remains on a global basis:

Median Home Price to Median Income Ratio

Purchase Price to Rent Ratio

Source:
Global Real Estate Ratios Show Extent Of Bubble
Trader’s Narrative November 13th, 2008
http://www.tradersnarrative.com/global-real-estate-ratios-show-extent-of-bubble-2066.html

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