is the crimes of the usury on home. Prices declines only in AZ and FL.. Price to income only in Detroit makes sense... it is about jobs but it is MORE IMPORTANT PRICE TO INCOME. Volkwagon workers make 15 bucks an hour (30k a year) that is 100k to 130k house.. The TBTF banks and credit bubble is the issue.... not housing ... The FED prints for these primary dealers... Mean time rents for the people who did not buy into this welfare system get screwed... PLUS GOVERNMENT subsidizes rents.