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> In other words, real estate is a great way to preserve wealth. I don’t disagree, and I concede the increase in home prices is not exponential but it is cert
by flower-giraffe 6y ago
> In other words, real estate is a great way to preserve wealth.
I don’t disagree, and I concede the increase in home prices is not exponential but it is certainly a long way from tracking the 2% inflation rate.
The point I’m making is that the ever increasing cost of housing as a percentage of disposable income means that in real terms most people are getting poorer.