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Updated about 15 years ago,
Keeping the bubble in context
Interesting comments on an article in the Economists. Our real estate bubble over the last 20 years is rather tame compared to most with the exception of Japan and Canada. They have an excellent chart where you can put up numerous countries to compare to the US. I found it somehow comforting.
[url]http://globaleconomicanalysis.blogspot.com/2010/01/housing-bubble-comparison-us-uk-canada.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29