3 ms·
You won't find examples of prices going down over long periods of time, but there are plenty of examples of prices remaining relatively affordable and stable.
by nerfhammer 8y ago
You won't find examples of prices going down over long periods of time, but there are plenty of examples of prices remaining relatively affordable and stable.
For example, New York City up until the mid 1970's:
https://ny.curbed.com/2015/6/2/9954250/tracking-new-york-rents-and-asking-prices-over-a-century https://ny.curbed.com/2015/6/2/9954250/tracking-new-york-ren...
- zjaffee 8y agoManhattan experienced population decline from the 1920s through the 1970s, where while not all of that was people leaving the city, it always involved the annexation of new cheap land.