Hard to argue with the house price to income gauge. But not sure the crazy lack of lending standards exist. Although income or rent is what should set the house price over the long run.
Introducing the CVI - Punch Card Portfolio Newsletter
I write a weekly investment newsletter. This newsletter involves the development of a focused portfolio of undervalued securities. The subscription price is $10 per month (cancel any time). Every investment idea I recommend will be one I purchase for my own portfolio. If you have questions prior to subscribing shoot me an e-mail (Swizzledxxx@gmail.com)
Please note I'm running a low-tech operation and that the newsletter is sent by me via e-mail. There will be a delay between when you pay and when you receive your first e-mail (usually a couple of hours).