TIME LAPSE: Presenting The U.S. Housing Bubble

Housing bubble in motion.  Home prices only go up, right...

It will make sense once you see it working.  The green bar represents median household income, the orange bars represent housing prices in selected cities.

Case Shiiler real estate data and median income compared in a time lapsed film using microsoft excel and camtasia software.  The creator is Nick Gogerty...

Comments

[Josie]

Wow, first dot.com bubble/burst in SF (& NY) as houses roared in '99-'03, then '03-'08 everywhere else, then POP! The majority of our country's asset value (housing) goes BOOM!...

No wonder John Paulsen made $5bil in ONE year!!!!

[DailyBail]

I thought it was interesting how Dallas doesn't even show up until after 2000, when the oil depression finally lifted. I remember oil going to $10 per barrel in 1999.