Monday, April 28, 2008

Sometimes propoganda is fun!

Even at Your Escondido Home there is time for fun. "Riding" the rising and falling costs of homes plotted versus inflation is one of those times. Thanks to blogger Richard Hodge's use of Atari’s Roller Coaster Tycoon 3 you can experience the rises and falls of home costs from 1890 to 2007. The propaganda comes when you reach 1997 and you notice the steep, unending, upward climb ending with tracks to nowhere - presumably a horrific fall.

Hodge, got his information from Robert J. Shiller, Professor of Economics at Yale University, so the data should be reliable. Selectively presented in order to provoke an emotional response, but reliable.

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