|Articles|September 16, 2008

Physician's Money Digest

  • May 15 2003
  • Volume 10
  • Issue 9

AFFORDABLE HOUSING

Financial experts who have forecastedan end to the rise in real estateprices have yet to see their predictionscome true. Despite higherprices, however, a new home is stillan affordable option for mostAmericans, according to a recent statisticalsurvey. The survey shows thatthe average home costs 3.6 timesmore than the average household income,up from 3.2 times the averagehousehold income 3 years ago, butstill well within the range of pricesover the past 2 decades. Because ofplunging interest rates, the medianpercentage of household income devotedto mortgage payments is 22%,the same level it was at in 1999.

Articles in this issue

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Postwar Economy Refocuses Attention

almost 18 years ago

How Does Your Financial IQ Measure Up?

almost 18 years ago

History Provides Lessons in Investing

almost 18 years ago

Read the Market's Long-Term Performance

almost 18 years ago

Less Is More When Buying Stock Spinoffs

almost 18 years ago

Weigh the Aspects of Variable Annuities

almost 18 years ago

Maximize Your Sale of Stocks at a Loss

almost 18 years ago

Realize the Importance of Market Timing

almost 18 years ago

Speed Through Annual Reports Like a Pro

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