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"As far as I can remember -- my entire adult life ..." ... "I don't know what the reason is, but I would love to read a truly satisfactory explanation for thi
by rsync 8y ago
"As far as I can remember -- my entire adult life ..."
...
"I don't know what the reason is, but I would love to read a truly satisfactory explanation for this."
Well, it did just happen ... bay area housing, for instance, plummeted from 2007 to 2011. This was neither a slight blip or a "slowdown":
https://www.bayareamarketreports.com/trend/case-shiller-reflects-accelerating-home-prices https://www.bayareamarketreports.com/trend/case-shiller-refl...
Note that mid-range homes dropped, in their index, from "220" to "125" (give or take).
How long have you been an adult ?
- projectramo 8y agoBefore 2007 for sure, but I didn't realize there was this sustained drop after 2007. I thought it was a temporary bounce. Thanks for showing some data!