3 ms·
> At first yes, but over time you become one of the people who pays relatively less compared to new buyers. So we should all be looking forward to the Utopia w
by rcpt 6y ago
> At first yes, but over time you become one of the people who pays relatively less compared to new buyers.
So we should all be looking forward to the Utopia where dumpy old single family homes are selling for checks notes $15M.
- zepto 6y agoI mean, you must be aware that will eventually happen because of inflation.
- imtringued 6y agoAfter 35 years, assuming 2% inflation.
- caturopath 6y ago(If the nominal growth was 2%/yr, prop 13 didn't help you.)