I found this interesting chart by Yale Professor, Roobert Shiller, showing the rise in home values over the last century. Look at the jump in prices during the last decade and you can understand what's going on right now. It also means that it may take some time for this mess to clear out...
housing bubble
About Me
- Rishi Sondhi
- I am an MBA candidate for Class of 2010 at Babson College. As a student of Warren Buffett’s and Ben Graham’s school of value investing, I enjoy reading about businesses and finding undervalued investment opportunities. I am a shareholder in Berkshire Hathaway and have attended the 2006 annual shareholder meeting. Recently, I organized an investing and personal finance seminar series at the Chelsmford Public Library for my community. I would like to use this forum to talk about value investing and investor behavior.
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1 comments:
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