4 ms·
Can you show the numbers because from what I've seen, housing has gone through the roof?
by david927 15y ago
Can you show the numbers because from what I've seen, housing has gone through the roof?
- lcargill99 15y agoHousing is furiously repricing. SFAIK, there's no bottom to it, and it depends on where you are. If you live in a high land rent region like San Fran or NYC, it's stable. In Florida or Las Vegas, there is no bottom. In Texas, it's stuck at 1990 or 1998 prices, dependent on area.
- Symmetry 15y agohttp://thinkprogress.org/yglesias/2011/09/13/317965/the-evolution-of-prices-since-the-late-1970s/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+matthewyglesias+%28Matthew+Yglesias%29 http://thinkprogress.org/yglesias/2011/09/13/317965/the-evol... EDIT: Remember that the CPI tries to compare apples to apples, which means N-square foot houses to ones of similar size. And IIRC the size of the average American's house has at least doubled since then.
- david927 15y agoSo they pay twice as much but it's considered the same because they have bigger houses now? But isn't that "bigger TV" syndrome? (TVs cost twice as much, but hey, they're twice as big now.) I think that's trying to justify the price increase more than truly analyze it.