02-12-2025, 09:04 PM
special wrote:
makes sense. Houses are just too expensive and increase in value too fast IMHO. My house went up 500k since Covid. This is not normal.
It is when the dollar goes into the toilet. Same dollar, right?
It's not really all about your house going up in value, it's the same house as it was before. It is mostly about the value of the dollars that we use to measure the value of your house...
Sure, there are things that exacerbate the home market inflation situation, like a lack of inventory, increased demand, cost of materials, etc. but the biggest factor is most assuredly the fact that the dollars used to measure all of that are becoming increasingly worthless.