Thursday, September 21, 2006

I've shown this to people who ask "What dies this mean?" and immediately (before I even respond) try to explain that there's no crash going on, or why the housing market won't crash. Here's my take: This chart isn't trying to convince you of what is going to happen, it's purpose is to simply illustrate how large this last housing boom is in relation to historical booms/busts. It's a big'n.


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