Now, why would anyone want to live in the Inland Empire? It sort of beats me, but then again, I am very geographically biased. This video, however, has some amazing 3-D maps of the growth of house prices east of Los Angeles in the last 10 years, when they skyrocketed and then plummeted.
The conclusions (different neighborhoods were affected differently and the housing wealth was redistributed dramatically) are interesting but the mapping—most of it in the first about 1:30 to 4:00—is what makes this video worth watching.
Thursday, May 14, 2009
The Housing Bubble in the Inland Empire
Labels:
california,
house prices,
housing bubble,
inland empire,
los angeles,
usa
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