Real Estate Roller Coaster

Posted by Miss Cellania in Money & Finance on April 6, 2007 at 7:37 am



This video of a roller coaster ride was constructed using data from American housing prices over the last 117 years. Push play or go to Google Video. The graph used to plot the video can be found at Speculative Bubble. Link -via Simply Left Behind


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13 comments to "Real Estate Roller Coaster"

  1. Paul
    April 6th, 2007 at 7:52 am

    OK, only one question: how do I invest in the huuuuge crash that's coming? Very interesting video. Thanks!

  2. Miss Cellania
    April 6th, 2007 at 8:03 am

    Paul, I have a house that's paid for. I should sell it now, bank the cash, rent until the crash, then buy a better home. I think.

  3. Paul
    April 6th, 2007 at 9:16 am

    lol, sure makes one wonder though, doesn't it?

  4. Anita
    April 6th, 2007 at 10:16 am

    Miss C. - I'm in the same boat as you, maybe selling now wouldn't be such a bad idea!

  5. Dave
    April 6th, 2007 at 12:34 pm

    Bonus round macro-economics question: What will happen if Miss C., Anita and 500,000 others put their houses up for sale in hopes of cashing in on a forecasted crash?

  6. Miss Cellania
    April 6th, 2007 at 1:35 pm

    Answer: No one will buy them!

  7. Chris
    April 6th, 2007 at 2:26 pm

    I know several people who have done exactly what Miss C has suggested - 4 years ago! They thought it was going to crash way back then already. They've been renting ever since and now they can never afford to get back into the market.

  8. Slith
    April 6th, 2007 at 2:45 pm

    Unless, of course, the market crashes.

  9. Carl Huber
    April 6th, 2007 at 5:18 pm

    My wife and I are going to be buying our first home this year. I'm terrified of throwing money away, but the market seems to be swinging in favor of buyers - at least in Rochester, NY.

  10. Louisville Real Estate
    April 7th, 2007 at 7:56 pm

    Carl,
    You won't be throwing your money away especially if you're in your home for a few years. These things go in cycles just as the video suggests. Hang in there! There are good deals to be had in real estate right now.

  11. SpanishBubble
    May 26th, 2007 at 11:18 am

    Buying now IS throwing your money away This whole thing has been due to the easy credit. That's over. Prices will crash and it's likely that homes never recover their current value (adjusted for inflation, obviously). Have you ever thought what will happen when the peak oil arrives?

  12. JenDiggity
    October 6th, 2008 at 6:31 pm

    I sure would love to see what it looks like NOW.

  13. Larfin Jackarse
    October 7th, 2008 at 6:20 am

    I feel like a time traveller....NO U PEOPLE IN 2007 DON'T BUY...DON'T BUY!!!!!

    I wonder if they can hear me?


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