GDP vs. Housing Graph . Historical comparison of total housing value vs. GDP from 1945 till today. The graph is displayed in billions of US dollars.
Neat. :-) Its bubblicious.
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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
The graph is one someone else's site. Although I rember seeing the number for the housing valuation in some legit business magazibe.
ReplyDeleteThe source is federal reserve
ReplyDeleteFlow of funds reports.
Federal Reserve
The site also has a preface to the Article(s)
Fed Knows
It would be interesting to see John Williams' real GDP numbers (GDP calculated with non-hedonic inflation numbers)
ReplyDeletewww.gillespieresearch.com/cgi-bin/bgn/
Part (not sure how much) can be explained by intereste rates lowering.
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