Ride the housing prices rollercoaster!

Joshua Holland
April 19, 2007

Economics can be awfully dull -- they don't call it the "dismal science" for nothing.

But here's a fun bit. Yale economist Robert Shiller went back and adjusted U.S. housing prices for inflation going all the way back to 1890. The data looked like this typical graph …

Click for larger version
(click for larger version)



Then he took that data, and plotted it to an animated rollercoaster, which you can view in the video clip to your right.

Are we in the midst of a housing bubble? Watch and see how comfortable you feel when you get to 2007 [ht: Freaconomics blog].
Report typos and corrections to: feedback@alternet.org.

Enjoy this piece?

… then let us make a small request. AlterNet’s journalists work tirelessly to counter the traditional corporate media narrative. We’re here seven days a week, 365 days a year. And we’re proud to say that we’ve been bringing you the real, unfiltered news for 20 years—longer than any other progressive news site on the Internet.

It’s through the generosity of our supporters that we’re able to share with you all the underreported news you need to know. Independent journalism is increasingly imperiled; ads alone can’t pay our bills. AlterNet counts on readers like you to support our coverage. Did you enjoy content from David Cay Johnston, Common Dreams, Raw Story and Robert Reich? Opinion from Salon and Jim Hightower? Analysis by The Conversation? Then join the hundreds of readers who have supported AlterNet this year.

Every reader contribution, whatever the amount, makes a tremendous difference. Help ensure AlterNet remains independent long into the future. Support progressive journalism with a one-time contribution to AlterNet, or click here to become a subscriber. Thank you. Click here to donate by check.

Close
Copy link
@2021 - AlterNet Media Inc. All Rights Reserved.