Saturday, August 31, 2013

LOTS OF HOUSING BUBBLES

The Economist has a nice interactive graph that shows housing prices in several countries since 1975.   Note that the wingnuts explanation for the US bubble (Fannie, Freddie, CRA) fails to explain the dramatic rises in Ireland and Spain.


1 comment:

Ken Hoop said...

Obama is a wingnut then cause he inferred the same re Freddie/Fannie.