1. The recent UK bubble was twice as mad as in the US.
2. The US is apparently two quite distinct markets, the 'zoned zone' on East & West coasts, where prices doubled or trebled. 'Flat land' without planning restrictions (most of the middle bit) where house prices did not rise particularly and where they haven't fallen particularly either.
4 comments:
1. The recent UK bubble was twice as mad as in the US.
2. The US is apparently two quite distinct markets, the 'zoned zone' on East & West coasts, where prices doubled or trebled. 'Flat land' without planning restrictions (most of the middle bit) where house prices did not rise particularly and where they haven't fallen particularly either.
3. Even the US has NIMBYs!
very nice way of showing a graph over time through a movie - excellent post.
Terrific post!
send me the data and I can make it happen :) Nick Gogerty
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