3 ms·
The car example is flawed, as it takes availability of comparable offers out of the equation. Instead of comparing brands and models, we should look at "what is
by DocTomoe 5y ago
The car example is flawed, as it takes availability of comparable offers out of the equation. Instead of comparing brands and models, we should look at "what is the cheapest four-seat car you can buy?" and compare prices between them over the years.
- spaetzleesser 5y agoVery true. That’s the choice that’s most important for most people. Same for housing. What good is it when housing prices have doubled but inflation is zero because they also have doubled in size? Houses are not affordable anymore.