But when looking at a bench mark for prices I prefer to look at the inflation adjusted historic norm.  

If you do simple comps to look at historical pricing in that area, and compare that to "desirable" well known areas.  

Historic norm is 99x rent, which is basically 1%. 

They cannot be in a historical area. and they have a 10 day mandatory inspection period.

Economic progress (faster, better, cheaper ways of doing things) has historically been the way to stay ahead of inflation.

This coupled with a market that has better than average historic and projected appreciation rate. 

Rates are obviously historically low, but you get the point (pun maybe intended).

We have historically achieved outstanding ROI. 

It's well documented in my city (Madison, WI) that African Americans have historically been cut out of home ownership through redlining, discriminatory lending, etc.

So with permanent life insurance you get free insurance as it is paid for by the increasing return.A Roth IRA has a low limit of $6k premium per year, and if you are a high income earner you can't even pay into it.A brokerage account is not tax free, and historically the S&P500 returns on the long term has been in the 7%-9% range pre tax.