Reminds me of my friend telling me that houses in my area went up in value, super excited. And then I crushed his dreams when I told him “They all went up in value, gotta live somewhere. It’s not an investment. It’s all inflation”
Median home sale price vs M2. “Went up in value, relative to what?”
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I know it didn’t go up in value. My friend doesn’t. Too deep in the matrix to have that conversation with
I know. You could show him this chart.
Good idea. He likes charts