The Five Stages of America’s Housing Bubble

Despite the crash in values to date, most observers do not realize that inflation-adjusted home values are still above the highest peak of any previous real estate bubble/bull market. Great charts in this one, from Michael White.
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Related posts:

  1. Acorn and the Housing Bubble
  2. Entering the Greatest Depression in History
  3. Guess what housing bears? Realtors also see a drop-off coming
  4. The Government’s Role in the Housing Bubble
  5. Greenspan Didn’t Want Transparency Muddying Housing Bubble Debate

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