this post was submitted on 02 Oct 2023
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Don't be fooled Billy, it's not really a job, more of a parasitic relationship (lemmy.world)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 1 year ago (1 children)

So the 2008 economic crisis never happened? Where I live (Europe) houses are actually going down in value right now too.

[–] [email protected] 5 points 1 year ago (1 children)

Going down fractionally, after having grown an incredible amount in the last 3 years. Please don't swallow this obvious bullshit. Prices are high, prohibitively high, and are going to stay that way until everyone bar a few is forced to rent.

[–] [email protected] 1 points 1 year ago

https://www.whitehouse.gov/wp-content/uploads/2021/09/figure-1.jpg

It's not so simple..

Like if you had bought a house in 2005 you'd have been stuck in it for a long time unless you are willing to take a loss. Offcouse in the long term prices are going up, that's inevitable with inflation and our current system.