Earlier this week, Zillow was the latest in a growing line of companies to compare the current set of troubled times to the Great Depression. Mind you, the comparison isn't direct. But it's close enough.
According to Zillow, the comparison is drawn from statistics provided in the book Irrational Exuberance by Robert Shiller, in which home values fell peak to trough 29% from 1929 to 1933.
Zillow says the current 17-quarter home value decline of 25% is comparable to the Great Depression.