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

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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

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All part of the illusion…

HOMES ARE NOT ASSETS-THEY ARE CONSUMER GOODS

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

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The median sales price is $338,000

Look what happened during the historically low #interestrate regime

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