Lifecycle of a Bubble

This is the DNA of a bubble. As the months and years progress we should be able to track the UK housing market as it follows it's path along much the same route as this chart.

At the time of writing (Feb 2008) I would say that we are in the 'Denial' stage. Make sure you are strapped in tightly and get ready for the ride!

Source: Jean-Paul Rodrigue - Hofstra University