[FoRK] US bubble set to burst
meltsner at gmail.com
Wed Jun 8 08:37:48 PDT 2005
I tracked down the original paper. The most interesting part was the
US map, colored state-by-state, to show "clearly bubbling", "recently
bubbling", and non-bubbling housing markets.
To my eyes, even though the level of aggregation was different, it
looked a lot like the purple/red/blue maps that we all saw after
Election 2004. The bluest states were the one with the highest degree
It's too bad that the authors didn't analyze housing prices at a
county level; we could have seen whether the correlation held up.
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