4 ms·
> in real terms The amount of land stays fixed while the amount of money changes. Other products can change their supply but land stays fixed. It's reasonable
by rcpt 6y ago
> in real terms
The amount of land stays fixed while the amount of money changes. Other products can change their supply but land stays fixed.
It's reasonable to believe that land will become relatively more expensive imo. Looks like it's not a guarantee though https://www.caracaschronicles.com/2018/05/03/once-the-safest-bet-against-hyperinflation-real-estate-loses-value/ https://www.caracaschronicles.com/2018/05/03/once-the-safest...
fwiw I hope land prices plummet here they are already insane https://wolfstreet.com/2019/07/12/changes-in-house-prices-rents-and-household-incomes-since-1960-in-the-us-by-region-and-major-metro/ https://wolfstreet.com/2019/07/12/changes-in-house-prices-re...
- amiga_500 6y agoReal terms refers to the price vs wages.