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« Larry Summers On The Next U.S. Debt Downgrade | Main | 'Open Carry' Law Student Puts Cop In His Place (WATCH) »
Monday
Dec032012

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...

 

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Reader Comments (2)

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!!!!
Dec 3, 2012 at 6:30 PM | Unregistered CommenterJosie
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.
Dec 3, 2012 at 6:50 PM | Registered CommenterDailyBail

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