More from The Economist, from today’s interactive Daily Chart where, with the exception of the U.K.,  it’s relatively easy to identify which housing bubbles have already burst:

Ireland clearly had the biggest boom/bust cycle, though, some parts of the U.S. (e.g., Nevada, Arizona, California, etc.) would no doubt rival that rise and fall.

Remarkably, home prices are still rising smartly in some countries:

South Africa? Didn’t see that one coming…

Of course, some countries never had a bubble at all: