Monday, August 28, 2006

A History of Home Values

From the New York Times, and Robert Shiller:


Do you see the problem?

2 comments:

Macavity said...

Ooh.. I saw this graphic on Saturday morning and was considering mailing it to you. T'would have been interesting had the graph been coupled with wages, etc. But then, a lot of people would have an instant panic attack. I guess if they market it this way, the foolish ones will pump in more money under the assumption that the curve will rise as high as Killimanjaro. A circus show for the rest of us. =P

ShockingSchadenfreude said...

Unfortunately, the side effects for the rest of us will be more than a "sideshow".

They may think Kilimanjaro, they're going to get Krakatoa.