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You're just being silly. Just look at the data: https://inflationdata.com/articles/wp-content/uploads/2021/10/Inflation-Adjusted-Housing-Index-10-21.png https:/
by odonnellryan 5y ago
You're just being silly. Just look at the data: https://inflationdata.com/articles/wp-content/uploads/2021/10/Inflation-Adjusted-Housing-Index-10-21.png https://inflationdata.com/articles/wp-content/uploads/2021/1...
It is easy to see that even during insane rates (80s etc) housing prices didn't collapse.
They went down a little, but only after adjusting for inflation. :)
- refurb 5y agoThe inflation adjustment hides the magnitude of the changes but you may also realize the prices haven’t gone up nearly as much in 1980.
- odonnellryan 5y agoThere is also the non-inflation adjusted line there. Nevermind. I think I can tell you're not really interested in having your opinion changed lol