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Real Estate Prices

US Real Estate Home prices adjusted for inflation plotted as a roll.er coast.er

see the chart here:

Channel: News & Politics
Uploaded: April 2, 2007 at 10:02 am
Author: speculativebubble

Length: 00:03:41
Rating: 3.97
Views: 395114

Tags: real estate home prices housing bubble

Video Comments:
fredfan2037 (January 7, 2009 at 6:24 pm)
whoa! that is amazing my parent is in realastate.
lorddespoex (January 7, 2009 at 5:39 am)
fucking shit
realtydailyvideo (January 5, 2009 at 3:41 pm)
What a cool video! :) Great visual!
dschoenenberger (December 22, 2008 at 6:18 am)
you naive person, you use inflation figures as reported by the corrupt government. why adjust for inflation at all? is that supposed to give some sort of solace to anybody?
sopmodm4 (December 23, 2008 at 7:56 am)
In 1968 a kid could work a summer job at minimum wage for 2 years and buy a brand new from the dealership,bigblock Mustang convertible paying cash.When you adjust for inflation to 2008 dollars you realize that minimum wage was the equivalent of $5000 per month in 2008 dollars.Wage suppression and price gouging were/are corporate America's plan for funneling the entire productivity and life's work of each and every American into the pockets of the wealthiest 10% who now own 89% of this nation
dschoenenberger (December 24, 2008 at 1:55 am)
The kid is free to start up a business on his own and become part of what you call corporate America. If you declare some employment contracts illegal with minimum-wage laws, you create unemployment and misery. You are the only one who wants to force people to do anything. If they were left alone in voluntary contracts, they would be so much happier and more productive.
sopmodm4 (December 24, 2008 at 6:39 am)
You're either a disingenuous scam artist or have no connection to reality.All of a businesses operational costs are dictated by the material or service providers except labor.Labor is manipulated and racketeered by business owners in an effort to turn operational costs into profit.When wages are low in a city and a business threatens to move in that will pay higher wages the COC pressures the city council to deny that new business permits and incentives that will force them to raise wages,FACT
ljhbaby93 (December 18, 2008 at 8:59 am)
this is an awesome twist on statistics

if this was an actual coaster nothin but air time on this puppy
taineasy (December 16, 2008 at 6:51 pm)
Sub Prime was just the tip of the iceberg. Just wait until the ALT A and Option Arm mortgages reset in 2009-2011 and you will see house prices drop another 30-50% over the next two years. The default rate on these mortgages will be 60-70%. Once these hit the market it will take 5-7 years before prices even stabilize let alone start to rise one dollar. There is an inventory of 4.5 to 5 million homes today. That could double by 2011.
chrisrocks2010 (December 15, 2008 at 5:51 pm)
awesome idea lol
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