"If men were angels, no government would be necessary" (James Madison)
Friday, July 17, 2009
Watch Real Estate Inflate Then Deflate
TW: Graphical depications are always fun. This does a great job of showing how the real estate market ballooned then has now deflated. The data starts in 1987 then proceeds through the present, note the benchmark median income green bar on the left. As one can see, median income has barely budged on an inflation adjusted basis during the past 20 years.
No comments:
Post a Comment