3 ms·
Not everywhere has had the same housing problems SF and NYC have had.
by ls612 3y ago
Not everywhere has had the same housing problems SF and NYC have had.
- quickthrower2 3y agoThat there exists a cheap house in a rural area doesn’t help most people who need a job. For them inflation is higher.
- ls612 3y agoPlenty of non-NYC/SF major metro areas (>1mm people) with far lower housing inflation than those cities. No need to be rural.
- eloisant 3y agoThis is true, but the question is not whether it helps or not but if the 86% increase is the right number or not. Yes inflation was higher in big cities.
- xboxnolifes 3y agoFar more than SF and NYC have had housing prices more than double over the last 20 years. Hell, doubling over that timeframe would barely be over 3% inflation.