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Aren't you being a bit pessimistic about the next gen? US got a couple years of moderately high inflation, and yeah buying a house is harder than it was 50 year
by riffraff 2y ago
Aren't you being a bit pessimistic about the next gen? US got a couple years of moderately high inflation, and yeah buying a house is harder than it was 50 years ago.
But the hedonic index is still going up, it's insane how much more stuff we have access to now.
Even comparing to the yen is misleading, since Japan is the only country which has had nearly zero inflation for 30 years. A USD is still ~1€ or ~1CHF for example.