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I'd suggest prices are higher 1) because they are printing money creating the illusion of wealth 2) other countries are printing money at a faster rate 3) price
by psychlops 2y ago
I'd suggest prices are higher 1) because they are printing money creating the illusion of wealth 2) other countries are printing money at a faster rate 3) prices on everything are high so might as well invest in the stock market 4) the next generation can't afford a house so park money in their broker for later.
- _heimdall 2y agoI definitely agree on the first two, less sure about the later two. Those with plenty of money may be choosing to park it in stocks, but higher prices mean more people don't have that expendable cash. I'd be really surprised if younger people feeling the most pain from housing prices have a broker at all.