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I really didn't want to get into this buttttt
It depends on who is calculating and what is the comparison baseline. As an example;
Homes are at an all time high but if you calculate the cost of a home against the average family income - home prices where at the highest at the turn of the 20th century with a ratio of 9 to 1. Today's home ratio is about 3.5 to 1.
Numbers can be manipulated to say about anything you want - using the rational of the CPI gasoline is pretty cheap right now. Unless your paying for it.
Just some food for thought!!
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