Codex Perductum

Home Prices

	Three things about housing prices today. First a video of housing prices since 1890 viewed as a ride on a roller coaster. Watch that here.
	Second a review of the book that motivated the roller coaster video here. Here is an excerpt of that article: "Other than those two periods, real home prices overall have been mostly flat or declining. Moreover, the overall increase, including the booms, is not very impressive -- 0.4 percent a year." Finally the graphic from the end of the video is here. (click for better resolution)

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I didn't see the predatory lending depicted in this.

It would figure that with all the foreclosures due to people who shouldn't have qualified, or even applied for that matter, this ride will ease down a while.

When does the ride end?

Posted by: Nate at April 5, 2007 4:10 AM

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