The Aftermath Of The Monetary Reset & Inflation Of The 1970s

Not only did the majority of US #households become dual #income, but home prices went parabolic

So a home went from 2-3x one person’s income, to 5-6x two people’s income

All part of the illusion…

HOMES ARE NOT ASSETS-THEY ARE CONSUMER GOODS

We are primarily funded by readers. Please subscribe and donate to support us!

Using the #CPI measure of #inflation (flawed metric), the median home purchased in 1963 = $18,500 should now be $153,000 in 2018

The median sales price is $338,000

Look what happened during the historically low #interestrate regime

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.