Wednesday, April 16, 2008


I didn't notice the graph on that article I linked earlier today. It is pretty damn impressive:

Wonder if it is inflation adjusted. If so I would bet on housing going to the 1988-2000 average, on this graph it is about $170 000.

I suspect the falling dollar, and soaring energy and other commodity prices will mean it will bottom out at about $250 000, which I would suspect is a fair inflation adjusted similar number. Seeing it go to the 1996 average of $146 000 is probably asking too much.

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