Huffpost Business

U.S. Housing Crisis Now Officially Worse Than Great Depression

Posted: Updated:
Print Article
HOUSING PRICES

It's official: The housing crisis that began in 2006 and has recently entered a double dip is now worse than the Great Depression.

Prices have fallen some 33 percent since the market began its collapse, greater than the 31 percent fall that began in the late 1920s and culminated in the early 1930s, according to Case-Shiller data.

Read the whole story at CNBC

Around the Web

Comparing Today's Housing Crisis With the 1930s - US News and ...

US Housing Crisis Officially As Bad As Great Depression - CNBC

US Housing Crisis Is Now Worse Than Great Depression - Yahoo! Finance

RealClearMarkets - Housing Crisis Is Now Worse Than The Great ...

Today's Housing Crisis: Worse Than the Depression? - ABC News