There are a couple misconceptions with this. There is no such thing as “inflation”, inflation exists in different categories and inflates differently based on s

There are a couple misconceptions with this. There is no such thing as “inflation”, inflation exists in different categories and inflates differently based on supply or demand for different products. It wouldn’t make any sense for housing to inflate at the rate that consumer electronics inflated, they are totally separate markets. If you want a real answer, look at the population now vs. the population in 1995, and the number of housing units now vs. 1995, you’ll see that housing has not kept pace. The prices are a form of equilibrium. Because increasing supply in many locations is physically impossible, prices are unlikely to drop much. Another input people don’t want to talk about much is the price of energy, and the cost of skilled labor which has skyrocketed. The cost of building things is simply more expensive.