Updated Case-Shiller 100 Year Real Estate Chart [View article]
I think this chart proved that real estate was a good asset to preserve value against inflation in long run. Regardless what caused the big spike in recent years and how it will bust, it indicates that future value will be trend up. This is just a natural phenomenon. Although I do not know why, but simply consider it might be a reveres process to the resource decline phenomena. Based on the chart, it is going be very difficult to bring the house value below 110 anymore, unless the entire country collapse, which could be happened such as Roma Empire, but I do not think so.
Updated Case-Shiller 100 Year Real Estate Chart [View article]
I think this chart proved that real estate was a good asset to preserve value against inflation in long run. Regardless what caused the big spike in recent years and how it will bust, it indicates that future value will be trend up. This is just a natural phenomenon. Although I do not know why, but simply consider it might be a reveres process to the resource decline phenomena. Based on the chart, it is going be very difficult to bring the house value below 110 anymore, unless the entire country collapse, which could be happened such as Roma Empire, but I do not think so.
It's interested to notice that every sharp fell always follows with a sharp rebond. All rebonds actually took less than a year. If you miss a few month window, you missed a lot!
Updated Case-Shiller 100 Year Real Estate Chart [View article]
Updated Case-Shiller 100 Year Real Estate Chart [View article]
Home Prices Continue Their Descent [View article]