Report When Will The Bottom Of The Housing Market Be? in House prices and the economy Posted March 31, 2009 APPLES!!!!!!!My point was that she had compared a ratio of 6-1 at peak with a current ratio of 3-1, and therefore assumed prices had already dropped by 50%. I pointed out that this was not the case, by explaining to her the difference between the two indexes, average total population multiples versus average actual house buyer ratios. READ THE EXCHANGE AGAIN. THEN READ IT AGAIN, AND AGAIN, UNTIL YOU UNDERSTAND. I need to get myself a signature, beware the bears who can't read.... OK so lets recap................ The original poster said ratios had been as high as 6-1. You stated they were now 3-1 You are using different earning indices. You introduced the avge earnings of house buyers. Why would you do that? Surely there is more historical data for the dataset originally quoted which is based on mean avg male earnings. Please note that the mean avge male earnings is not the same as the average of the total population which is the term you seem to like slipping in! Go on. Go back and read your own exchanges, then read them again. If you still aren't sure feel free to ask me to explain them to you. New sig: Beware the Bull who will only read what he wants to read!