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how many years before next crash - chart


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2017 Nov 11, 8:46am   1,994 views  3 comments

by FortWayne   ➕follow (1)   💰tip   ignore  

https://www.economist.com/blogs/graphicdetail/2016/08/daily-chart-20
There are 5 simple charts on the page. Naturally can't predict future, but looking at how prices skyrocketed, while incomes did not. How the chart shows a huge bell curve. I have a feeling that next price reduction is coming in a few years. Maybe nothing crashing, but the bell should start curving back down soon I think, like 2 more years?

#housing
#shacks

Comments 1 - 3 of 3        Search these comments

1   HEY YOU   2017 Nov 11, 9:03am  

We need to change #housing to #shacks.
2   WookieMan   2017 Nov 11, 9:16am  

HEY YOU says
We need to change #housing to #shacks.

How about @HEY YOU changed to @HACK ;) Don't mess with housing bro.
3   FortWayne   2017 Nov 11, 1:47pm  

HEY YOU says
We need to change #housing to #shacks.


done

Feels like a serious problem these days. I talk to a lot of folks who are paycheck to paycheck because of high rents. Sure they can move to a cheaper area, but there are no jobs, and jobs they can get there will be under same circumstances. A lot of people seem to live in Palmdale and commute to LA for jobs just to not spend all income on housing.

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