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2025-02-08 23:13:15 UTC
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Uncle Iroh ☑️ on Nostr: It's my hunch that property price rises were deliberatey inflated. Technology is ...

It's my hunch that property price rises were deliberatey inflated.

Technology is inherently deflationary as you can see from that list - tech becomes better and cheaper over time.

Hyper-inflating the housing market is a surefire way to offset that. And if house prices had stayed in line with real inflation, we'd all own houses, have families and it would be far harder to push us around and grow government.