Originally Posted by rickencin
This times it's different? Uh, ooh!
I think Bruce Norris said that peak prices occurred at around 17% affordability. According to CAR, CA is at 31%. San Diego is at 26% and San Francisco has already crossed the threshold at 13%. http://www.car.org/marketdata/data/haitraditional/
If you use the arrows at the bottom you can get to slide 9 of 9 that has county affordability.