3 ms·
> Meanwhile real estate prices are rising fast (in desirable parts of the country) Mainly just the west coast and that's because their cities are built in vall
by mrep 6y ago
> Meanwhile real estate prices are rising fast (in desirable parts of the country)
Mainly just the west coast and that's because their cities are built in valleys with a fixed amount of land, restrictive zoning on said land causing a fixed amount of housing and thus the bidding up housing prices.
For the rest of the country, inflation adjusted price per square foot hasn't really changed [0].
> the stock market has been on an epic bull run. It's obvious that the inflation is in the asset prices.
Inflation adjusted Annualized S&P 500 Returns with Dividends Reinvested for the past 15 years are 6.738% versus 7.690% for the 15 years before that [1]. Albeit, if you just started in 2009, it has been quite epic considering it was the longest bull run in US history.
[0]: https://www.supermoney.com/inflation-adjusted-home-prices/ https://www.supermoney.com/inflation-adjusted-home-prices/
[1]: https://dqydj.com/sp-500-return-calculator/ https://dqydj.com/sp-500-return-calculator/