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Gold for house (lemmy.ca)

submitted 9 months ago by [email protected] to c/[email protected]

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wood for sheep?

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[–] [email protected] 1 points 9 months ago

The meme may be true, but it is less meaningful than you might assume at first glance. The obvious comparison is those memes comparing wages or dollar values with house prices, where obviously inflation has made a huge difference in 100 years. However, you should compare it to other types of investment, so does a stock index grow as fast as home prices or not?

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