http://www.jparsons.net/antishadowstats/Anti-Shadow%20Stats.xls
"Now you can believe there was a housing bubble, or you can believe that Shadow Stats is trustworthy, but if you believe both you're delusional. Personally, I believe there was a housing bubble and Shadow Stats is full of B.S."
http://bubblemeter.blogspot.com/2011/03/housing-bubble-according-to-shadow.html
Prce the housing bubble in physical gold and you come to the same conclusion, “”Now you can believe there was a housing bubble, or you can believe that market pricing of gold denominated in US Dollars is trustworthy, but if you believe both you’re delusional.”
I can’t find the US property priced in Gold blog post, so here’s a UK property priced in gold blog post and a Aussie property priced in gold blog post:
http://www.mountaininvestor.com/blog/?p=278
Property Priced in Gold
Posted on 13 April 2011 by BenM
When priced in gold property prices are down 69% from their peak in 2007
Property prices may only be down 14% when priced in British Pounds, however when priced in ‘real’ money i.e. gold, we see that property prices are actually down 69% from their peak in the summer of 2007.
http://www.bullionbaron.com/2010/09/australian-property-priced-in-gold.html
A follow up:
Here is a graph of housing priced in oz of gold, going up to 2009, as you know gold has gone up significantly since then, so housing priced in gold is now at a historic low.
http://www.scribd.com/full/53173995?access_key=key-1ho959hci98ji6x04lsj