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Is San Diego's Housing Market Headed For Another Bubble?

Megan Burke, Maureen Cavanaugh, KPBS

Wednesday, June 19, 2013

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National University System for Policy Research president Erik Bruvold said he's looking at the ratio of income to home price in San Diego.
"It's usually a one-to-three ratio income to home prices in the rest of the country. In San Diego, it's always been a little bit higher, and now we're on a run up that is at the top of what's sustainable — a one-to-five ratio."