JoeTaxpayer June 2007
In response to my remarks on the housing bubble, I received a note asking me to look at the above chart and asked how I reconcile my prior coments to the above. It was also pointed out to me that by looking at just the end points, I wasn't properly addressing the issue, in fact I was ignoring everything that happened in between, which, of course was true. I took these remarks as a challenge to a bit more research, dig for more data, and analyze a bit more.

I believe my prior page presented a chart strikingly different than the chart above, and as always, I welcome any comment.
JOE