Except many housing markets have been doing exactly that for the past decades. Also with the period of hyper inflation we went through easily means the house has gained about 30% value purely through being a durable good that holds it’s value with inflation. Another 20% due to the crazy '21-'22 housing market plus general “most houses gain value” housing market is not hard to believe
Except many housing markets have been doing exactly that for the past decades. Also with the period of hyper inflation we went through easily means the house has gained about 30% value purely through being a durable good that holds it’s value with inflation. Another 20% due to the crazy '21-'22 housing market plus general “most houses gain value” housing market is not hard to believe
Hmm, 50% in 4 years? I haven’t seen the data so it’s hard for me to say either say. Maybe you’re right.