Housing price changes from base 100 in 1990

[RobbieB]

Same thing really. Lots of good high paying jobs lead to more personal income that gets spent of more expensive houses.

 

[97guns]

One city I frequent, Reno, NV., has no real industry but jobs are around, average wage from what I can see is 12-$15/hr but housing is doing pretty good.

 

[CaptTom]

Without any analysis, just glancing at the graphs, am I seeing another bubble developing?

 

[97guns]

Glancing at my property values, they are still around 15% shy of their previous highs. On paper the stock market is in more of a bubble than RE

 

[FlaGator]

Without any analysis, just glancing at the graphs, am I seeing another bubble developing?

I would say we're on a path for a cyclical peak. My read is the cycle is ~15 years.

Think it will take looser credit to get to a bubble. Could happen - 15 years is about long enough for the last lessons to be forgotten.....