Thursday, April 19, 2007

A Real-Estate Roller Coaster (Literally) from Freakonomics Blog by Stephen J. Dubner

The Yale economist Robert Shiller has indexed American housing prices going back to 1890.

You know how people like to say that such-and-such experience “was a real roller-coaster ride”?

Well, the blogger Richard Hodge at SpeculativeBubble.com wanted to see if housing prices really were a roller-coaster ride. So he plotted Shiller’s inflation-adjusted index onto a roller-coaster video ride. It is pretty fantastic.

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