Was the housing bubble and its collapse an event that occurred just in the United States? Or did the bubble occur in other countries as well. If so, which countries had this problem? The Economist answers this question by using an interactive graphic. You can select from 20 different countries, whether you want to use a housing price index, housing prices in real terms, housing prices against the average income, or the percentage change. You can also select the starting and ending period of time.
It looks like Spain, the United States, and the U.K. did have housing bubbles, while Canada seems to have held up better. Just remember the main drawback with interactive charts like this. When it comes to housing, the old adage of location, location, location can change your answers.
