Quote:
Originally Posted by oldschoolcalgary
sure, because plotting the data points for the other 10 years and then connecting the dots would clearly debunk the trend that is shown right?
there's tons of data showing how housing prices have escalated compared to salaries. And it hasn't been since the nineties. Try mid 70's. The housing bubble simply exacerbated that difference.
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I don't know. It wouldn't change the trend, but it might make it look far less drastic - or more drastic, I dont know.
I don't have time to search through all the data and create a chart, and the creator of the chart decided to make it with *at least* 25% of it comprised of completely fabricated data. There is no reason to think the rest of the information displayed on the graph is fully accurate either.
Trust me, as a student working full time for a non-profit organization while attending classes with a wife and 2 kids at home, I feel the pain of housing prices.
I just don't think that graph is an accurate.