Though real estate has gone up on average for the last several decades, this has not always been true as you can see from historical data. [1] [2] [3] [1]: htt

Though real estate has gone up on average for the last several decades, this has not always been true as you can see from historical data. [1] [2] [3] [1]: https://www.forbes.com/sites/johnwake/2019/03/30/new-study-of-old-real-estate-bubbles-1582-1810-finds-two-surprising-similarities-with-modern-booms/ https://www.forbes.com/sites/johnwake/2019/03/30/new-study-o... "Old Real Estate Bubbles (1582-1810)" [2]: https://globalfinancialdata.com/seven-centuries-of-real-estate-prices https://globalfinancialdata.com/seven-centuries-of-real-esta... "Seven Centuries of Real Estate Prices" [3]: https://observationsandnotes.blogspot.com/2011/07/housing-prices-inflation-since-1900.html https://observationsandnotes.blogspot.com/2011/07/housing-pr... "100 Years of Inflation-Adjusted Housing Price History" ([3] is inflation-adjusted. For [2] see the second chart for inflation-adjusted prices. [1] is not inflation-adjusted but there wasn’t much inflation in Amsterdam back then.)