Post Peak, Post Bottom CS Housing Numbers

Source: Bespoke Investment Group



I love these two charts – they are so instructive in so many ways. They really invite closer study as to why some cities have recovered so strongly, and why others have failed to.

The first 4 cities in the % from Bubble peaks are Las Vegas, Phoenix, Miami, and Tampa. These cities saw huge booms in housing but without a proportional accompaniment increase in economic activity. Especially in terms of the jobs creation that would allow people to pay those cheap mortgages which supported those elevated prices.

Continues here


Print Friendly, PDF & Email

What's been said:

Discussions found on the web:

Posted Under