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.