Second Biggest Housing Boom

Kevin Drum posted an interesting chart showing inflation adjusted housing prices since WWII. He points out three interesting items:

  1. From 1963 to 1997 average housing prices were completely flat. 0% increase.
  2. Bush era housing boom was historically insane (well, duh)
  3. Current housing boom is crazy big with no sign of stopping

blog_home_prices_1949_2017_1

How far will this one go?…

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