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A history of home values

15Sep08

Some time last year I remember stumbling over this video of US house prices (adjusted for inflation) since 1890 presented as a rollercoaster ride. Watch it, it brings out the extent of the recent boom very well.

This is the source data in a graph:

US House prices

Patrick points out that the y axis doesn’t start at zero, making things look worse than they are, but it’s an index starting at 100 (the baseline is emboldened), not zero.

Anyhow, here’s the ‘proper’ chart as Patrick mocked it together:

proper chart

Still pretty worrying.

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One Response to “A history of home values”

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  1. 1 alex farguson on February 10, 2009 said:

    I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.

    Reply

« the wage price spiral has begun
Why the bail-out should happen »

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