News for hackers. Stuff that matters.

A comment on Home Prices Are Now Higher Than the Peak of the 2000s Housing Bubble. Parent comment

Re:Home Prices Are Now Higher Than the Peak of the 2000s Hou... by lghh on Friday August 20, 2021 @01:22PM (#28248726)
That's not how you compare prices.
[ Parent | on HN ]
Re:Home Prices Are Now Higher Than the Peak of the 2000s Hou... by latchkey on Friday August 20, 2021 @01:31PM (#28248858)
How do you compare prices?
[ Parent | on HN ]
Re:Home Prices Are Now Higher Than the Peak of the 2000s Hou... by Armisael16 on Friday August 20, 2021 @01:47PM (#28249087)
You compare like-to-like. You compare the same kinds of bread, not cheap white bread to artisanal. You compare a 27" 1080 TV to another 27" 1080p TV, not an 8k TV.
[ Parent | on HN ]
Re:Home Prices Are Now Higher Than the Peak of the 2000s Hou... by latchkey on Friday August 20, 2021 @06:24PM (#28252083)
But like-to-like isn't just "resolution" and "size". I'd never buy a tv with a comparison like that.

My comparison would be as if I took a "low/mid/top end tv" in 2000 and compared it with a "low/mid/top end tv" in 2021. In that case, it is still about the same price, especially adjusted for inflation.

[ Parent | on HN ]
Re:Home Prices Are Now Higher Than the Peak of the 2000s Hou... by Armisael16 on Friday August 20, 2021 @07:16PM (#28252451)
In that case the way you compare things is not the way most people do. Most people care more about what they’re getting then where it falls in the product stack.
[ Parent | on HN ]