Interesting blog post from Hot Property.
I’m always intrigued by charts comparing a current trend to a previous era, or even to the experience of another country. So I was struck by a few charts I stumbled upon recently, all via the Pragmatic Capitalist blog, comparing the arc of the U.S. housing market to the experience of Japan during the 1990s, aka “the Lost Decade.” (I’m not suggesting that I just “discovered” the current U.S. situation is being compared to Japan, but that it might be worth a revisit of the debate.)
I’m not necessarily a believer in the axiom that “history repeats itself,”Continue reading
