3 ms·
Considering the Fed single-handedly controls the value of money and demands that it declines by 2%+ per year, and home values have outpaced money devulation for
by onlyrealcuzzo 4y ago
Considering the Fed single-handedly controls the value of money and demands that it declines by 2%+ per year, and home values have outpaced money devulation for the last 50 years - this seems like a reasonable long-term assumption.
- lotsofpulp 4y agoHome (land) values in select locations have outpaced money devaluation. The national median figures even lag CPI: https://dqydj.com/historical-home-prices/ https://dqydj.com/historical-home-prices/ This probably manifests from increasing income/wealth inequality, in conjunction with inequality of how popular some places are relative to others. If your goal is to obtain housing that the top 20% or 10% are competing for, then you will experience prices rising much quicker than housing that the bottom 80% are competing for. Here is another source showing the variance: https://www.visualcapitalist.com/20-years-of-home-price-changes-in-every-u-s-city/ https://www.visualcapitalist.com/20-years-of-home-price-chan...