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Thursday, 04/15/2010 12:02:33 AM

Thursday, April 15, 2010 12:02:33 AM

Post# of 214
U.S Housing Chart 1890-2008

From 1970's to 2007 the average U.S. nominal home price went from $25,000 to almost $250,000, nearly 10x greater. Even after the collapse it's still 7x greater. The inflation-adjusted increase is very little in comparison. I think people forget that inflation in China is higher than it is here and that needs to be accounted for when looking at price increases.

http://mysite.verizon.net/vzeqrguz/housingbubble/united_states_1890-2007.png


-Adam

"Impatience is the companion of the doubting mind" Unknown

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