The Real Estate Recovery

Here is a very interesting graphic predicting the timing of the recovery of real estate values. I remember the decline of the late 1980s and early 90s clearly - when then Savings and Loan debacle occurred. The decline that began in 2006 looks like it will dwarf the S&L-induced decline. In the case of the S&L decline, real estate had regained its highs by the late 90s. It may be decades before some parts of the country recover this time around.