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[HousingRecoveryWatch] Geography of a Recession

This is a month old [1], but I never got around to posting it. An amazingly beautiful effort.

I was reminded of this today [2] and it sets the stage for something I will post later today which uses a similar mapping presentation.

[1]

Watching the video [3] version or this version [1] paints a compelling picture of US unemployment. Notice how high the levels are in the west, rust belt and southeast and how strong the “sand state” unemployment situation was in 2007.

Next – try to imagine a US housing recovery with this sort of employment situation.

[1]