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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.
Okay... so I see three things with this graph. One... the interest rates were waaay low in 1975 (was that pre-Carter). Two... rates shot waaay up during the recession in the early '80s (must have been caused by the recession) Three the graph shows that we are no longer in a recession... oh yeah... lol that's because it only lasted 18 months. haha
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