Talk:2000s United States housing bubble

2000s United States housing bubble is a former featured article candidate. Please view the links under Article milestones below to see why the nomination was archived. For older candidates, please check the archive.

Article milestones
Date	Process	Result
August 21, 2006	Peer review	Reviewed
October 19, 2006	Featured article candidate	Not promoted
July 7, 2007	Featured article candidate	Not promoted

Current status: Former featured article candidate

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Background needs work

The first paragraph of the background section needs work: it starts right away refering to structures and figures, with no context. It also gives undue weight to some website that has statistics without justifying why is it relevant. I suggest that the background starts by stating the actual increase in prices during the bubble. Forich (talk) 18:17, 27 March 2021 (UTC)[reply]

This line needs better sourcing

"It is widely believed that the increased degree of economic activity produced by the expanding housing bubble in 2001–2003 was partly responsible for averting a full-scale recession in the U.S. economy following the dot-com bust and offshoring to China."

The source used here is in no way reliable (the Mises Institute is a partisan libertarian think tank that promotes a fringe school of economics), and I can't find anything in it that even mentions "offshoring to China". The people who associate trade with China with economic recessions are typically not economists or people who possess even a basic knowledge of economics. The number of jobs that have been lost to China since China joined the WTO is measly relative to the total number of jobs the economy sheds on a yearly basis. And open trade with China has nearly universal support among prominent economists[1].Jonathan f1 (talk) 20:10, 16 December 2021 (UTC)[reply]

Requested move 13 May 2022

The following is a closed discussion of a requested move. Please do not modify it. Subsequent comments should be made in a new section on the talk page. Editors desiring to contest the closing decision should consider a move review after discussing it on the closer's talk page. No further edits should be made to this discussion.

The result of the move request was: moved. —usernamekiran (talk) 09:42, 26 May 2022 (UTC)[reply]

– When people talk about "United States housing bubble" nowadays, it is much more common for them to refer to the current ongoing housing situation in the US nowadays instead of the bubble in the 2000s. C933103 (talk) 05:52, 13 May 2022 (UTC)[reply]

Support per nom. -- King of ♥ ♦ ♣ ♠ 23:23, 20 May 2022 (UTC)[reply]
Support, unfortunately a necessary distinction. BD2412 T 03:36, 26 May 2022 (UTC)[reply]

The discussion above is closed. Please do not modify it. Subsequent comments should be made on the appropriate discussion page. No further edits should be made to this discussion.

Unwieldy cluster of overlapping articles

It's pretty unwieldy that there are separate articles for 2000s United States Housing bubble, Causes of the 2000s United States Housing Bubble, Timeline of the 2000s United States Housing Bubble, and 2000s United States Housing Market Correction. It is hard to grasp a coherent narrative.

A lot of these are weighed down with cruft that is now out of date — people started assembling the housing bubble article in 2005 during the housing asset price boom, when the thesis of the article was to try to show that a bubble currently existed. There is a lot of duplicate material between sections.

I will try to work on a succinct "causes" section to introduce in this article, so people can follow a narrative as they read through the article. Maybe it would help for this page to act as the high level summary, and the others as accessory articles if people are interested for more detail. Recognitor (talk) 18:10, 29 December 2023 (UTC)[reply]

Then even articles that are linked to are overlapping. So e.g. this article linked to "real estate bubble" which has multiple tags requesting improvements, while there is a separate, well sourced article called "Housing Bubble." Why are there two? Recognitor (talk) 18:42, 29 December 2023 (UTC)[reply]

Secular vs. cyclical trends—bubble vs. price boom vs. long term adjustments

A key thread that needs disentangling in this article is price increases in the early 2000s due to bubble behavior vs. housing price increases due to fundamentals like the U.S. housing shortage. This is currently an object of debate! It will take some amount of work to corral citations and weight their relevant weight — but to disclose my impressions with issues with this article: 1. There is a lot of high level disagreement among economists on how a bubble is defined (whether it is irrational, e.g., and to what extent) and this article doesn't do a good job defining terms; 2. there is a lot of specific disagreement among economists about the geographic extent of irrational price speculation in the U.S. in the 2003-2006 period (coastal metros vs. Las Vegas e.g.); and 3. there is debate about the direction of causation between the recession, interest rates, and the housing price correction.

As it stands now, the article assumes that there was a country-wide, irrational and unprecedented housing bubble, and does not mention secular trends like the U.S. housing shortage that have led to continued price increases. Recognitor (talk) 18:23, 29 December 2023 (UTC)[reply]

Map of the United States

The upper peninsula of Michigan is not correctly shaded. The current map should be edited to fix this. 2600:1700:114F:B400:91C4:B1C3:D2DE:A5C4 (talk) 07:49, 17 January 2024 (UTC)[reply]