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That's dominated by the scarcity value of the land, not the value of the labor required to repair or replace the building on it. The "inflation" we should worry
by sparky_z 3y ago
That's dominated by the scarcity value of the land, not the value of the labor required to repair or replace the building on it. The "inflation" we should worry about here is contractor salaries and the cost of building materials. CPI seems fair to me.
- mensetmanusman 3y agolabor increases for houses when the value goes up like this...
- sparky_z 3y agoNot by 1000%.