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> 2. inflation happened but it was all concentrated into financial assets, real estate... Real estate prices in Vancouver have spiked since 2008 so sign me up
by Tiktaalik 8y ago
> 2. inflation happened but it was all concentrated into financial assets, real estate...
Real estate prices in Vancouver have spiked since 2008 so sign me up as someone who believes the fincialization of housing and QE is a main component in why Vancouver housing prices suddenly became wildly out of sync with local incomes.