A bit above a mean of zero return, a bit below, then BOOM! the Great Housing Bubble and subsequent crash. Going nowhere but in an interesting way.
Wednesday, July 8, 2009
"Real" Home Price Index
A little graphical followup to my previous article about housing as an investment. This from Case-Shiller, their Real Home Price Index from 1890-2009.
A bit above a mean of zero return, a bit below, then BOOM! the Great Housing Bubble and subsequent crash. Going nowhere but in an interesting way.
A bit above a mean of zero return, a bit below, then BOOM! the Great Housing Bubble and subsequent crash. Going nowhere but in an interesting way.
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I just tried to post a comment and something bizarre happened. I think the Google blogspot gerbils need feeding
ReplyDeleteWhat I was going to say is we could be headed back to 1995 housing prices.
ReplyDelete1995 is your pivot for this whole shebang isn't it TL? An interesting choice of year. You can see the clear pivot up in the stock charts from that date and the banking industry had "pivotal changes" that year also.
ReplyDeleteMark