Tag: GDP
Housing & GDP
“The Big Picture” posted this chart today showing housing prices & GDP growth in the US from 1945-2009. In the late 1990s housing began to pull away from GDP. Retrospectively this was the first clue that the levels of house price appreciation were unsustainable.
Posted: July 8th, 2009 under Housing & Real Estate.
Tags: GDP, history of housing prices vs. GDP, housing
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