Real estate over the past 7 years has gotten absolutely crazy. While it has come down some, it still seems as if prices are still at ridiculous prices. A condo should not cost well over $300,000! Richard Hodge from SpeculativeBubble.com created a rollercoaster simulation based on percentages of pricing that US housing [...]
Real estate over the past 7 years has gotten absolutely crazy. While it has come down some, it still seems as if prices are still at ridiculous prices. A condo should not cost well over $300,000! Richard Hodge from SpeculativeBubble.com created a rollercoaster simulation based on percentages of pricing that US housing has gone up or down since 1890. It’s an excellent simulation, but the chart after the video really shows how drastic this pricing has been. It makes you think that prices have to come down…and come down hard. Whatever goes up, must come down, right? How have prices been in your area?
Here is the chart that shows the actual pricing:
If you enjoyed this post, your vote is always highly appreciated!!
Manufacturer and reseller of aftermarket car parts
IT solutions based out of Maryland. From homeusers to mid-sized businesses.
My name is David Pitlyuk and I’m an entrepreneur. I’m always on the lookout for the next big opportunity. This blog hits topics of interest for entrepreneurs, as well as my miscellaneous ramblings.
Read more at the about page
RSS
Design: dpitMedia
©2008 David Pitlyuk
Comments
Leave a CommentAdd a Comment
Note: We use Gravatars, they are little icons that appear next to your name on this site and on many others. You can get a Gravatar account for free and any other site that supports it will show your avatar too!Trackbacks