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I don't believe you that the inflation rate for housing or education is at 100%. If you mean that there's been 100% inflation since some point in the past then

I don't believe you that the inflation rate for housing or education is at 100%. If you mean that there's been 100% inflation since some point in the past then, well, yes that's true but it's also true of every other good. But when we say that Argentina has 100% inflation it means that the nominal price of goods doubles every year.

mistrial9 3y ago
> inflation rate for housing or education is at 100%. not per year, but .. there are residential housing listings here in California that have doubled in not very long.. I think the point is, that price increases are not uniform.. and it is related to structural forces of money, as well as markets
- Symmetry 3y ago
  It's not uniform. The inflation of housing prices in SF over the last decade has averaged somewhere around 6% leading to a ~100% increase, way higher than the roughly 2% average inflation. But comparing a ~100% increase over a decade to a ~100% increase over a year is very misleading
  - mistrial9 3y ago
    except that there are houses in other places besides San Francisco.. and that those prices have volatility not seen in San Francisco.. is there is a motivated-reason behind defending the house prices here? projecting stability ?
    - Symmetry 3y ago
      I was using SF because it's known to have had a much higher house price inflation than other places, in order to try to be charitable to your case. If you look at the overall US housing market then you need to go back a lot further than a decade to see 100% inflation.
      - mistrial9 3y ago
        actually I tracked housing prices directly here in California on a large scale.. the key to resolving the two positions here is that, volatility is exactly how a one hundred percent increase in price happens.. first drop, the rise, then drop a lot, then rise alot. Meanwhile in the most desirable a.k.a. most expensive zip codes (or similar). the rise has been steady, even at 2008, and as you say, not one hundred percent. Lastly, ordinary people like you and I are not privileged to see the vast amount of cheating that goes on with residential valuation, loans and the like. Loans for more than a realistic value on a property, are as old as Sicily.

mistrial9 3y ago

> inflation rate for housing or education is at 100%. not per year, but .. there are residential housing listings here in California that have doubled in not very long.. I think the point is, that price increases are not uniform.. and it is related to structural forces of money, as well as markets

Symmetry 3y ago
It's not uniform. The inflation of housing prices in SF over the last decade has averaged somewhere around 6% leading to a ~100% increase, way higher than the roughly 2% average inflation. But comparing a ~100% increase over a decade to a ~100% increase over a year is very misleading
- mistrial9 3y ago
  except that there are houses in other places besides San Francisco.. and that those prices have volatility not seen in San Francisco.. is there is a motivated-reason behind defending the house prices here? projecting stability ?
  - Symmetry 3y ago
    I was using SF because it's known to have had a much higher house price inflation than other places, in order to try to be charitable to your case. If you look at the overall US housing market then you need to go back a lot further than a decade to see 100% inflation.
    - mistrial9 3y ago
      actually I tracked housing prices directly here in California on a large scale.. the key to resolving the two positions here is that, volatility is exactly how a one hundred percent increase in price happens.. first drop, the rise, then drop a lot, then rise alot. Meanwhile in the most desirable a.k.a. most expensive zip codes (or similar). the rise has been steady, even at 2008, and as you say, not one hundred percent. Lastly, ordinary people like you and I are not privileged to see the vast amount of cheating that goes on with residential valuation, loans and the like. Loans for more than a realistic value on a property, are as old as Sicily.