Thursday, November 15, 2007

The Gentleman's Index

The Herengracht (Gentleman's Canal) is one of the most desirable places in Amsterdam, and thanks to the finicky particular capitalists that the Dutch traditionally were, we have an uninterrupted view of house prices for more than 350 years.

Here's what it looks like (the graph is adjusted for inflation.) Even if you don't speak Dutch you should be able to guess easily.

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