Re:Making sense of what’s going on in the housing market
by 09bjb on Wednesday April 21, 2021 @03:20PM
(#26894232)
Yes and...crucially, assets are 25% more expensive to buy. I.e. if assets are things that are "bought by everyone" and not just by the 1% or .0001%, then the dollar is worth 20% less for that purpose.
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