/biz/ - Business & Finance

>>11897891
>If income was actually adjusted, then 1 pound of steak would cost you the same % of your income as it did in 1915.
better yet, you could afford to live in the same size living space

I'm not saying there aren't other factors but I think the currency debasement is an often overlooked factor in house price inflation (relative to wages - i.e. IN REAL TERMS i.e. WE ARE POORER OP)