Comment on Housing prices

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raze2012@lemmy.world ⁨3⁩ ⁨days⁩ ago

Math.

fred.stlouisfed.org/data/MSPUS

Plug 23900 into an inflation calculator

data.bls.gov/cgi-bin/cpicalc.pl?cost1=23900&year1…

I got 211,149.54.

Guess they had different numbers or calculator, but similar sentiment. Housing grew some 5x+ faster than inflation.

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