Blue/green: inflation-adjusted house prices
Source: Calculated Risk.
Sunday, June 21, 2009
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3 comments:
what is this supposed to be revealing to us?
That in the last 2 high unemployment cycles peak unemployment was approximately coincident with housing price bottoms. but its clearly not a very robust relationship. check the link to CR, he has a more retailed explanation.
Does anyone know if the peaks and valleys for DC proper roughly coincide with the DC MSA?
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