Replying to Avatar BTC_P2P

People love to say: “your house isn’t worth more, the dollar is just worth less”. Then turn around and pretend there is a real estate bubble.

The dollar will continue to be debased and the nominal USD value of real estate will continue to increase.
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Ben Justman🍷 4mo ago 💬 1

ThIs iS iNfLAtIon AdJuSted THouGh!

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BTC_P2P 4mo ago 💬 1

Ahh yes the ever-reliable CPI. Also have to make the line red to show where it’s a scary bubble and not just a leg up.

Wait until mortgage rates drop and the pent up demand dam breaks. Next leg up in the “bubble” I’m sure the line will get even redder.

Median US home price will be a milli in 10 years. It is what it is.

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Ben Justman🍷 4mo ago 💬 1

my sources are saying

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BTC_P2P 4mo ago

I’m sure the usd will continue to be debased. Very probable at a greater average rate than previous. So I’m sure everything will get more expensive, likely at average rates greater than previous. Pretty simple.