Land's Share of US Home Prices
 
My new housing graph which shows housing bubbles compared to bubbles in the price of land.

Data Notes: I am using a new data set from the Lincoln Institute of Land Policy for this graph data can be found here: CSW-based price index: aggregate land data, quarterly, 1975:1-2016:1. I took the "Aggregate market value of residential land" and calculated the percentage of the "Aggregate market value of homes" and plotted it yearly, then compared it to the Real Housing Price Index I have used in previous graphs.