Where's my little blue pill???
19 August 2011
Viagra At Home
A bit of R. I've mentioned a few times that I "knew" we were headed into the ditch around 2003. I don't recall that I'd read Shiller at that point (or even that I was aware of him), it was just obvious that house prices were outstripping median income. The raw data is available (at Shiller's blog, http://www.econ.yale.edu/~shiller/data.htm no idea how long it has been), so here's a picture worth a few words. The data run from 1890 to 2009.
Where's my little blue pill???
Where's my little blue pill???
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4 comments:
Hi,
Interesting and informative information found here.. Thanks for sharing this raw data ...
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Robert,
very convincing curve of the housing data !
Gregory Piatetsky
And as I've said time and again, the first requirement of a consumer-based economy is consumers.
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