[ex-Texan]

Since many are posting charts, I am posting a chart on the real estate bubble below. The housing bubble is international in scope, not merely regional and limited to the U.S. Ergo, feel free to interpret away at your heart's content. 2006 will be very interesting, indeed.

Have a Happy New Year !

[xrp]

Fascinating how Japan's housing prices chart mimics (with a 20 year breather) their projected population chart.