2 ms·
IIRC, by modern economists that inflation doesn't work like that in the real world. Real estate is based primarily on desirability, the order-of-magnitudes of w
by airhead969 6y ago
IIRC, by modern economists that inflation doesn't work like that in the real world. Real estate is based primarily on desirability, the order-of-magnitudes of wealth influx, and comparables. Overall, housing prices are uninvolved in changing inflation, but mostly externally-caused inflation changes housing prices slightly.