me_irl

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me🏠irl (lemmy.world)

submitted 11 months ago by robocall to c/me_irl

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[–] [email protected] 1 points 11 months ago (1 children)

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

[–] nifty 1 points 11 months ago* (last edited 11 months ago)

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.

Edit: or if you’re going to make claims, then the onus of providing data and facts is on you, I think. OTOH, with crazy trends like NFTs and speculative stocks, I don’t know what to believe.