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Replying to Avatar Chris Liss

Right, that's why price predictions are so dumb. β€œIt’ll be $1M next year!” Yeah, but what does $1M buy then?

All price predictions need to be in 2024 USD, so if you say $1M it might nominally be $20M. But $20M meaning $1M 2024 dollars.

That said, it *should* vastly outpace inflation, and you will even with a fraction of one be able to buy some choice real estate!

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Silberengel 1y ago

People get all excited about nominal prices. πŸ˜‚

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