Tuesday, May 19, 2009

I just love charts -- comparative housing bubbles


As you will find out in the next few weeks, I just love tables /figures /charts and any other device that helps you graphically compare statistics in different countries.  This one appeared today in an article on how Germany never had a housing bubble (but is still suffering the consequences of the bubble in other countries). If you click on the chart you should be able to see a larger version. See the original article at:  http://economix.blogs.nytimes.com/2009/05/19/der-bubble-envy/
Probably one of the many reasons that Germans continued to believe in the welfare state is that there was less faith their own individual wealth.

John Casey

1 comment:

  1. Cool chart. If I'm reading it right, Ireland topped development, the biggest housing bubble followed by the UK and Spain. Poor Ireland, Dell Computer announced that it was leaving Limerick where it was the major employer for Poland, Lodz, I think. Germany was steady- eddy. (One question is why the UK report was produced by the Halifax Building Society.)

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