Thing

United States housing bubble

Shiller IE2 Fig 2 1 2016070202 577722ea1c268 - United States housing bubble

The United States housing bubble is an economic bubble affecting many parts of the United States housing market in over half of American states. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2012. On December 30, 2008 the Case-Shiller home price index reported its largest price drop in its history.

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RICHTOPIA

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