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While prices vary wildly from city to city and type to type, I'd like to show you the King County price index that shows the trend in housing prices since 1975.
by aaahayatav 6y ago
While prices vary wildly from city to city and type to type, I'd like to show you the King County price index that shows the trend in housing prices since 1975.
https://fred.stlouisfed.org/series/ATNHPIUS53033A https://fred.stlouisfed.org/series/ATNHPIUS53033A
- arcticbull 6y agoIndeed, you're looking at supply not keeping up with demand due to artificial constraints imposed by King County.
- aaahayatav 6y agoAgreed. These artificial constraints are playing out in desirable locations everywhere in our country, as compared to say eastern Kentucky or Ashtabula, Ohio. While incomes have indeed gone up in real terms, mandatory living expenditures for all Americans who don't consider a park bench to be shelter have also gone up in real terms in a more than proportional manner.