Housing market projections.

housing_projection

Yale economist Robert Shiller has shown the past 100+ years of housing values, adjusted for inflation of course.  If an 1890 house valued at $100,000 (current day value) is 100%, you can follow how values have changed from then until now.  Then some other people have guessed the bust of this housing boom.

I feel a bit less anxious since I’m poor and have no investments.  Now maybe I can actually afford a place in Squamish.

(via cflatt and popurls.com)

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3 Comments to “Housing market projections.”

  1. Mike, tf you move to Squamish, and buy one of those excessively large homes….I will move in with you! That would solve my imminent housing search in Van – this city’s rental market is INSANE! Love the blog. Cheers.

  2. chris – You are just too smart.

    Aims! I can imagine how insane the market is in GVA. But I would feel more justified paying more in BC than I would in Ontario – I don’t mind for paying for an elevated quality of life. Plus who doesn’t want mountains.

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