From Pragmatic Capitalism:
Today’s chart of the day comes to us courtesy of Robert Shiller at Yale University.
The following is Shiller’s famous inflation adjusted home price index. Interestingly, despite a 30%+ decline from peak to trough, housing prices are still more expensive than at any other point in the last 120 years when...
Read full article (with chart)...
More on housing:
This is a must read for housing bulls...
A second housing crash could be just around the corner
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