4 ms·
It's not terrible if property values fall somewhere between inflation and GDP growth.
by Marsymars 1y ago
It's not terrible if property values fall somewhere between inflation and GDP growth.
- AnthonyMouse 1y agoPresumably GDP growth per capita, but even then, why would that be any better than "not a cent more than inflation", or for that matter even for housing prices to decline over time (e.g. through increased automation in construction)?
- Marsymars 1y agoYes, of course, the cost of things decreasing (net of externalities) is good. (Was just making the distinction between inflation and purchasing power - things can have an inflation-adjusted rise in price while still becoming cheaper with respect to purchasing power.)