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A comment on Making sense of what’s going on in the housing market. Parent comment

Re:Making sense of what’s going on in the housing market by bluGill on Wednesday April 21, 2021 @10:14PM (#26897972)
One would assume wages go up you compensate.
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Re:Making sense of what’s going on in the housing market by harambae on Thursday April 22, 2021 @09:23AM (#26902432)
Is that how it worked out in Venezuela recently with those levels of inflation?
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Re:Making sense of what’s going on in the housing market by bluGill on Thursday April 22, 2021 @11:06AM (#26903584)
There is typically a lag between wages going up an inflation, and that lag will catch a lot of people, but in general it does work that way in the long run. The long run can be 10+ years though, which isn't good for the person caught in the cycle.
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