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That doesn't mesh with housing prices increasing while salaries have remained flat. The 7x increase in price I mentioned above was inflation adjusted, so your 2
by throwaway35784 7y ago
That doesn't mesh with housing prices increasing while salaries have remained flat. The 7x increase in price I mentioned above was inflation adjusted, so your 2.6% cagr was above inflation.
https://www.cnbc.com/2017/06/23/how-much-housing-prices-have-risen-since-1940.html https://www.cnbc.com/2017/06/23/how-much-housing-prices-have...
- sokoloff 7y agoYou asked me to chart house prices vs income. I did and that was the first data source I found. I shared it because it didn’t mesh with what you were saying.