April 04, 2007

"Roller-coaster" indeed

People say that housing markets can be like roller-coasters. Someone took that a bit literally and has actually created a roller-coaster using a popular game that accurately models median home values in the US since 1980.

I think all historical graphs should be presented as roller-coasters.

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Posted by ryan at April 4, 2007 02:58 PM | TrackBack
Comments

Actually, 1890.

It's a brilliant idea.

Posted by: Evan Donovan at April 4, 2007 09:08 PM

Sweet idea. Wish I'd thought of it.

It sure makes the current housing market look overvalued doesn't it? But, as far as I can tell, while this graph strips out the effect of monetary inflation it doesn't remove square-footage inflation in the average house. Add in the third axis of median square footage and that ride is a lot less dramatic.

Posted by: Matt Barker at April 5, 2007 08:33 AM

Yes, but how do you get loops? I want to go up-side down.

Posted by: Becca at April 7, 2007 04:54 PM
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