3 ms·
Uh...she was a Czech, just like I am. That's simply how housing in Prague worked back then, apparently. I'm just glad that I was just a student living in afford
by jhgb 5y ago
Uh...she was a Czech, just like I am. That's simply how housing in Prague worked back then, apparently. I'm just glad that I was just a student living in affordable dorms at that time (something like $US40 per month or so? I don't recall the exact figure anymore). She was a Prague native.
BTW, as for "the rest of Czech Republic", things are not rosy in general: https://english.radio.cz/no-end-sight-inflation-czech-housing-market-8722538 https://english.radio.cz/no-end-sight-inflation-czech-housin...
If the article about the US situation claims 118% of inflation-adjusted price increase since 1965, that's less than 2% increase per year. Not quite sure how this number is comparable to recent Czech figures, but I'm sure that Czech inflation wasn't anywhere near seven percent in the last years, so there's that. A 65% price increase since 2015 would be 9% annually on average. Czech inflation between 2015 and 2020 has been ~2.25%/y on average. So that would make the price rises adjusted for inflation 6.6%/y on average.