3 ms·
I wonder why people think it's crazy for housing prices to go up in a short amount of time but don't think twice about the stock market going up more than that
by tempsy 2y ago
I wonder why people think it's crazy for housing prices to go up in a short amount of time but don't think twice about the stock market going up more than that over the same time period.
I think people get confused by how this is possible because they only consider the wages required to buy a home when buyers in high cost areas have benefited from a doubling in their liquid net worth via stocks and other financial assets.
- deleted 2y ago[deleted]