If I have no idea then how about you enlighten me with some calculations breaking down how you would be behind $240k? Its easy to throw out numbers-substantiation is the key...or are you going to be like the other bears and just run away when prompted for such evidence?
As fort the long term trends-unless you believe that we are going to get double digit inflation and 17% mortgage rates, which most observers think are near impossibilities, the housing market benchmarks of the 1980s are irrelevant to home owners in the second decade of the 2000s...
