> It would be interesting to look at this as another data point in a macro shift from buying to renting. In real-dollars, housing is still more expensive than

> It would be interesting to look at this as another data point in a macro shift from buying to renting. In real-dollars, housing is still more expensive than the trough of the 90s. Of course, the Fed needed to drop interest rates to zero to keep housing prices inflated. It will be very interesting to see what happens to home prices once interest rates return to sane levels. Edit: Relevant - http://dealbook.nytimes.com/2012/11/26/mortgage-interest-deduction-once-a-sacred-cow-is-seen-as-vulnerable/?hp http://dealbook.nytimes.com/2012/11/26/mortgage-interest-ded...