U.S. home prices are now nearly 300% above historical norms, surpassing even the 2006 bubble peak.
This is the most unaffordable housing market in American history.
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Discussion
Life gets worse on the fiat standard. Luckily, we can opt-out with #bitcoin.
Even the valley of the Great Recession appears to have been expensive. I don’t see the trajectory of this improving anytime soon.
1945 to 1970sh pretty stable, wonder what might have caused that!