Inflation & RE survey- in other words, rising RE prices are:
1) Noise, we're getting rich
2) a wash
3) making us poorer
Home prices going up 100k a year (i.e. 20% a year, year after year) is like loosing 10 years of retirements savings. If wages don't keep up, rising RE prices is like losing 5%- 10% of your income every year.
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