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Beginning in 1997, the U.S. witnessed house price appreciation that was highly unusual in
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historical terms. Between 1997 and 2006, real home prices increased by nearly 85 percent.1
==Index and Glossary==
Sustained price increases near this magnitude have only been observed once during the twentieth
There is an index to the topics dealt with in the economics articles [[Economics/Related Articles|here]], and a glossary of economic terms [[Economics/Glossary|here]].
century, in the period immediately after World War II2 (See Figure 1). In fact, during the period 2001 through 2005, the annual rate of house price appreciation accelerated. The
S&P/Case-Shiller® Home Price Index shows annual price appreciation rising from slightly
over eight and one-half percent in 2001 to more than 15 percent in 2005.


<ref>[http://jec.senate.gov/archive/Documents/Reports/10.25.07OctoberSubprimeReport.pdf]</ref>    JEC Oct 2007
See also the  [[Politics/Index|'''index to the politics articles ''']].


The price of the average UK house has risen by 187% to £179,000 since February 1996. http://news.bbc.co.uk/1/hi/business/6090972.stm
[[User:Nick_Gardner#Methodology|methodology]]
BBC news 2006  Friday, 27 October 2006


betewwn  1995 and 2007 I prices more than quadrapled http://www.imf.org/external/pubs/ft/wp/2010/wp1057.pdf Daniel Kanda Asset Booms and Structural Fiscal Positions: The Case of Ireland IMF March 2010
{|align="right" cellpadding="10" style="background-color:#FFFFCC; width:40%; border: 1px solid #aaa; margin:20px; font-size: 92%;"
|"''The European Union is something ...
  very precious, not only for us in Europe, but also for the rest of the world. Because the European Union is, in fact, the result of a project for peace that brought together nations emerging from the ruins of the Second World War. It was the European Union that united them in peace around the values of respect for human dignity, freedom, democracy, justice, rule of law and respect for human rights.''"


<ref>[http://www.fsa.gov.uk/pubs/other/turner_review.pdf ''The Turner Review. A regulatory response to the global banking crisis'', Financial Standards Agency, March 2009]</ref>
:Merci Olsson, of Nobel Med, congratulating  President Barroso on the award of The Nobel Peace Prize t the European Union, 12 October 2012.
 
|}
real interest rate allowed the “US to continue on this low-interest, high-liquidity asset
boom”.9
 
<ref>[http://www1.worldbank.org/finance/html/database_sfd.html ''Bank Crises Database'' World Bank 2003]</ref>
 
<references/>

Latest revision as of 04:28, 22 November 2023


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Index and Glossary

There is an index to the topics dealt with in the economics articles here, and a glossary of economic terms here.

See also the index to the politics articles .

methodology

"The European Union is something ...
very precious, not only for us in Europe, but also for the rest of the world. Because the European Union is, in fact, the result of a project for peace that brought together nations emerging from the ruins of the Second World War. It was the European Union that united them in peace around the values of respect for human dignity, freedom, democracy, justice, rule of law and respect for human rights."
Merci Olsson, of Nobel Med, congratulating President Barroso on the award of The Nobel Peace Prize t the European Union, 12 October 2012.