Join Nostr
2026-03-27 10:12:14 UTC
in reply to

adingbatponder :nixos: 👾 on Nostr: nprofile1q…lyj83 nprofile1q…cx9tq And.... house prices seem to go up faster than ...

And.... house prices seem to go up faster than income not because they are a bubble but because the amount of extra money put into circulation to drive inflation results in a halving of the value of cash every 10 years ish... and houses are just an opt-out from using cash as an asset when the powers that be change the value of the money after you earn it. House price inflation is just a measure of the devaluation of your currency, not the root cause of poverty.