Friday, August 31, 2007

Bubble Superbowl




The Steelers play the Seahawks tomorrow in Superbowl XL, but how do the two cities compare in terms of house prices. Its no contest, Seattle are miles ahead with unmerited house price appreciation. Of course, the higher you fly, the further you must come down. In the bubbletown superbowl, we all lose in the long run.

I got the idea of the chart from the bubblemeter blog. Its a great blog that has for some time provided sane commentary on an insane market. Stay informed; check out the bubblemeter site and revisit it regularly.

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