This video has been making the rounds online, and it's really interesting. It's from SpeculativeBubble.com, a blog that originally tracked the dotcom boom but now follows real estate.
The video uses house prices from 1890-2007, adjusted for inflation, to plot a roller coaster simulation.
Be sure you watch it until the end: The recent real estate explosion makes for a dizzying climb at the end of the ride. Of course, depending on how housing prices perform this year, you might be in for one terrorizing fall.
(via Wall Street Journal's MarketBeat blog)
Zach Patton -- Executive Editor. Zach has written about a range of topics, including social policy issues and urban planning and design. Originally from Tennessee, he joined GOVERNING as a staff writer in 2004. He received the 2011 Jesse H. Neal Award for Outstanding Journalism
E-mail: zpatton@governing.com 
Written and compiled by staff writers and editors, GOVERNING View is an on-the-ground, and sometimes behind-the-scenes, look at the topics we're covering in print and online. From notes on what's up in statehouses, county courthouses and city halls, to encounters with people, places and things, GOVERNING View is a window into the side of state and local government you don't always see.
Twitter
Facebook
LinkedIn
YouTube
Flickr
RSS
© 2011 e.Republic, Inc. All Rights reserved. |