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A comment on Home Values Are Rising by $800 a Day in San Jose. Parent comment

Re:Home Values Are Rising by $800 a Day in San Jose by usaar333 on Tuesday April 10, 2018 @05:31AM (#16800089)
Rents are flat the last three years. Values are up by over 30%. That difference feels speculative..
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Re:Home Values Are Rising by $800 a Day in San Jose by refurb on Tuesday April 10, 2018 @10:56AM (#16801810)
Looking at the Case-Shiller index for SF, I would agree it looks speculative.[1]

SF home prices went from an indexed 219 in Mar 2006, down to 120 in May 2009. That's a 45% decrease over two years.

Right now the index is at 259 and that's inflation adjusted.

[1]https://alfred.stlouisfed.org/series?seid=SFXRSA

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Re:Home Values Are Rising by $800 a Day in San Jose by nshelly on Tuesday April 10, 2018 @05:07PM (#16805439)
I believe the Case-Shiller index is "seasonally-adjusted", not "inflation-adjusted"[1]. What makes you think it's adjusted for inflation?

[1] https://www.advisorperspectives.com/dshort/updates/2018/03/2...

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Re:Home Values Are Rising by $800 a Day in San Jose by charlesdm on Tuesday April 10, 2018 @10:45AM (#16801721)
The question also is, have sales kept up at those values?
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