Here’s an interesting chart on overblown US house prices

A hattip to Henry Blodget (never thought I’d say that) for pointing out this Robert J Shiller chart showing just how overblown US house prices became and the scale of the resulting fallout on the global economy now they’re collapsing.

To view this chart and other news updates from interest.co.nz click here.

This article has kindly been republished courtesy of interest.co.nz. 

Posted: 24 Feb 2009

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