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A comment on The Era of Very Low Inflation and Interest Rates May Be Near an End. Parent comment

Re:The Era of Very Low Inflation and Interest Rates May Be N... by sdhgaiojfsa on Thursday April 26, 2018 @04:02PM (#16935148)
NY Case Schiller home price index is flat to slightly down over that period, actually. This is for the NYC metro area. I could be convinced that rent has doubled with housing price flat, but I'm guessing not?

https://us.spindices.com/indices/real-estate/sp-corelogic-ca...

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Re:The Era of Very Low Inflation and Interest Rates May Be N... by adventured on Thursday April 26, 2018 @04:20PM (#16935301)
Nationally there are some strong indications of housing inflation occuring. The median new US home price is up about 40% over the peak of the 2005-2006 real estate bubble, and it's up roughly 100% since 2000-2001:

https://i.imgur.com/sec7wZz.png

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Re:The Era of Very Low Inflation and Interest Rates May Be N... by astura on Thursday April 26, 2018 @04:28PM (#16935394)
Raw numbers are meaningless outside of context.

The Case-Schiller index the GP was referencing takes CPI inflation into account.

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Re:The Era of Very Low Inflation and Interest Rates May Be N... by sdhgaiojfsa on Thursday April 26, 2018 @04:23PM (#16935335)
Sure. I was only responding to the New York part.
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Re:The Era of Very Low Inflation and Interest Rates May Be N... by bobthepanda on Thursday April 26, 2018 @04:12PM (#16935240)
Metro area is a much larger sample size though; for certain rapidly gentrifying areas, like Long Island City, I could see there being a large increase which gets drowned out in metro-wide statistics.
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Re:The Era of Very Low Inflation and Interest Rates May Be N... by AnimalMuppet on Thursday April 26, 2018 @04:35PM (#16935477)
OK, but you can't tell much about national inflation (even inflation in housing costs) from smaller-than-metro-area statistics.
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