The Housing Bubble Fact Sheet
Publication Date: July 2005
Publisher(s): Center for Economic and Policy Research
Author(s): Dean Baker
Keywords: Rents; Home equity; House Price Index (HPI)
Coverage: United States
This paper explains the basic facts about the current housing market. It lays out the evidence that the rise in housing prices constitutes a housing bubble — and explains what can be expected when it inevitably collapses.