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Reply to "Example of how housing prices have far outpaced inflation "
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[quote=Anonymous][quote=Anonymous]https://www.redfin.com/VA/Arlington/1028-N-Frederick-St-22205/home/11237727 Sold for $52,500 in 1976. Its inflation adjusted price should be $297,309, but instead it’s on the market for almost three times that. Just posting this for the benefit of Boomers who contend that they paid 12% interest on their mortgages and don’t see what the issue is.[/quote] The government cpi stats are low by half by design. Check the big Mac index. Real estate reflects the actual inflation rate[/quote]
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