1. Vice President, Research Greater Houston Partnership
The Unconventional
Patrick Jankowski
Vice President, Research
Greater Houston Partnership

2. Housing Bubble
* Median-priced home divided by median household income for each metro area.
Source: GHP calculations based on National Association of Homebuilders data

3. *Years of Income to Buy a Home, Q1/’06
Housing Bubble
*Years of Income to Buy a Home, Q1/’06
Source: GHP calculations based on National Association of Homebuilders data

4. Housing Bubble
Source: GHP calculations based on National Association of Homebuilders data

5. Recession Tracking

6. Recession Tracking

7. The Big Mac Index

8. The Big Mac Index

9. The “IKEA Indicator”

10. The “IKEA Indicator”

11. Vice President, Research Greater Houston Partnership
The Unconventional
Patrick Jankowski
Vice President, Research
Greater Houston Partnership