I agree with Mike's reasoning on valuation of Average New Home Price / Average Median household income.

Of course the figures vary by location (and you may be in an area with stronger renters, financially) but with only 11% of renters making over 75K household, I actually focus more on the middle, lower income, with 74% of the renters making under 50K. 

@Sajid KhwajaTargeted mailing focuses on people who meet specific criteria, like specific types of homes or high-income households.

According to a recent stat - Direct mail household response rate is 5.1% (compared to .6% email, ... to a marketing message when it feels like it was written just for them.This does not involve you directly or hiring a real person to write it for you but there's other companies that you can pay marginal prices for and have it be authentic.

After my second, I quit that all together to raise my kiddos.My Husband and I had been praying & seeking for an entrepreneurial endeavor because being a commercial truck driver (my hubby) on a one income household in So.

The government should consider debt relief to individual borrowers and issuing subsidies to all households. 

But I don't know if we actually ever came out of the last recession.The only bright side to all of this is household debt to GDP.

@David Latimor  My view is that we're currently at or close to the top in most markets, and the only issue is when the correction begins and where it starts.Though, nationally, as it's been pointed out, there is still a deficit of multifamily construction when compared to household formation and historical norms, what we have seen during this boom is an incredible concentration of construction, both in terms of asset class and location.  

In addition to pop decline, there seems to be a reduction in median home values and household income.

Being able to build a brand new home for two families who are in need and know they will be able to raise their families in a worry-free household feels amazing!