Re: inflation and house prices
don't forget demographics. as the baby boom generation formed households and then traded up as their incomes rose with increased work experience, the housing market blossomed with the home owning population. now the boomers have started downsizing, and they're not going to be able to sell their homes to their 20-somethings who are living in their basements.
don't forget demographics. as the baby boom generation formed households and then traded up as their incomes rose with increased work experience, the housing market blossomed with the home owning population. now the boomers have started downsizing, and they're not going to be able to sell their homes to their 20-somethings who are living in their basements.
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