logoalt Hacker News

anovikovyesterday at 8:05 PM2 repliesview on HN

I'm not even sure where "houses got expensive" come from. Houses certainly did not increase in price (per unit of area) in last ~80 years, inflation adjusted - they tightly fluctuate around the same point. Housing affordability is in fact 4th best in the US among all countries in the world, and it got better in the last decades (although with fluctuations, and periods when it was getting cheaper were not pleasant as it meant millions of people going under).


Replies

loloquwowndueoyesterday at 9:13 PM

> I'm not even sure where "houses got expensive" come from

Not been shopping for a house recently?

Avg house price in my city doubled in the past 5 years.

realoyesterday at 8:52 PM

Interesting.

This posture contradicts quite a few testimonials we can read about everywhere, including here in HN.

Maybe it's the salaries, then, that are half what they should be?

show 2 replies