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    Median Incomes vs. Price of Housing

    Median Household income in 1975 was $11,787. The $50,000 price you quoted was just over 4x median household income in 1975. The price it sold for, $400,000, is over 9x the current $43,000 median household income. And this is for a used home (saying "existing" home is like saying "pre-owned" car...
  2. Z

    Yahoo buy point

    Yahoo's generated a lot of its earnings from selling investments in other companies. When you back out earnings from operations, you get Google-style valuations. Except Yahoo doesn't generate operating earnings growth remotely like Google's. Google's way overvalued - I can't see it generating...
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