L.A. Liberty

TIME LAPSE: Presenting The U.S. Housing Bubble

This is amazing.

Watch as prices stay relatively flat with nominal price inflation through the 80’s and early 90’s, then begin a bit brisker rise in the late 90’s that continues to accelerate to a meteoric rise in the mid-aughts… followed by a “pop” that still remains artificially elevated relative to the pre-bubble rise.

Notes:

1. michaelangerlo reblogged this from sugashane and added:

   Business cycle in motion…

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   Did I just witness...moving animation of Von Mises’ business cycle…?!?!

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