HOME PRICES GREW SUBSTANTIALLY ABOVE MEAN U.S. real home price index 250 1998-2006 8.0% annualized 200 1930 - 1997 0.7% annualized 150 1900-1929 -1.2% annualized 100 50 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007 Source: Robert Shiller
Startups and the Economic Downturn Page 13 Page 15