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https://infogram.com/1pqdpn20vkmlelcq6qx7jzwz9pf00g9xnq5 https://infogram.com/1pqdpn20vkmlelcq6qx7jzwz9pf00g9xnq5 https://www.supermoney.com/inflation-adjusted

https://infogram.com/1pqdpn20vkmlelcq6qx7jzwz9pf00g9xnq5 https://infogram.com/1pqdpn20vkmlelcq6qx7jzwz9pf00g9xnq5 https://www.supermoney.com/inflation-adjusted-home-prices/ https://www.supermoney.com/inflation-adjusted-home-prices/ as for your link - easy, what's understood by "house" in Luxembourg is usually a "Soviet style apartment block". You need to be a billionaire to own a typical US-sized single family house there, these are passed down the generations from the people who were rich 100+ years ago (but granted, they are usually not built of shit). https://www.numbeo.com/property-investment/rankings_by_country.jsp https://www.numbeo.com/property-investment/rankings_by_count... This rating assumes same housing everywhere, not just "average house in a given country". In this case, easily U.S. can be among top 5, because being very rich, and as people say here in the same thread "everything apart from housing and healthcare is cheap anyway", a bigger chunk of expenses can go there. By another metric - "mortgage vs income" - U.S. is 6th best out of 106 large countries. 50% of the countries (that is, omitting 1/4 worst and 1/4 best) are between 1.7x and 5x worse. Housing is much more accessible in the U.S. than in just about any country, even if you correct by per capita GDP, that is, it is more accessible than the per capita GDP would imply.

ethanbond 3y ago
Did you by chance look at the charts in this? For example, the western part of the country's $/sqft going from $140 to $220 from 2012 to 2022 -- including inflation adjustment? Sorry but, "housing prices have only gone up by 20% in the last 10 years in areas that are hemorrhaging job opportunities and education!" is not a good counterargument.
jonahrd 3y ago
I see. This article compares GDP vs housing prices, which isn't a surprise that US fares very well because the US is stellar at GDP growth. But GDP is _absolutely irrelevant_ to the average citizen's purchasing power / income.
- anovikov 3y ago
  The particular chart i posted a separate link for, uses inflation adjustment, not GDP adjustment. And sure, every country has a growing segregation between attractive, expensive areas and unattractive, cheap ones. That's normal. Fitting into attractive ones is a matter of competition and only the best few will - there can't be a place for everyone there no matter how the economy is doing and how high/low are the taxes "for the rich" (because it's not the rich who are buying up the housing).
  - deleted 3y ago
    [deleted]

ethanbond 3y ago

Did you by chance look at the charts in this? For example, the western part of the country's $/sqft going from $140 to $220 from 2012 to 2022 -- including inflation adjustment? Sorry but, "housing prices have only gone up by 20% in the last 10 years in areas that are hemorrhaging job opportunities and education!" is not a good counterargument.

jonahrd 3y ago

I see. This article compares GDP vs housing prices, which isn't a surprise that US fares very well because the US is stellar at GDP growth. But GDP is _absolutely irrelevant_ to the average citizen's purchasing power / income.

anovikov 3y ago
The particular chart i posted a separate link for, uses inflation adjustment, not GDP adjustment. And sure, every country has a growing segregation between attractive, expensive areas and unattractive, cheap ones. That's normal. Fitting into attractive ones is a matter of competition and only the best few will - there can't be a place for everyone there no matter how the economy is doing and how high/low are the taxes "for the rich" (because it's not the rich who are buying up the housing).
- deleted 3y ago
  [deleted]