Graphical depiction of home prices, indexed for inflation, since 1890
April 20th, 2007This chart should give pause to anyone who thinks there is no chance we’re in a residential real estate bubble. See my prior post for a definition of a real estate bubble: http://www.mathoda.com/archives/12
http://i86.photobucket.com/albums/k104/mathoda/homevalues1.gif