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A comment on Low interest rates in advanced countries have pushed money into real estate. Parent comment

Re:Low interest rates in advanced countries have pushed mone... by anm89 on Wednesday November 24, 2021 @06:17PM (#29336353)
One thing to keep in mind is that when values of an asset are inflated, the nominal price of the asset can change to match the underlying value of the asset (ie price falls)or the value of currency can change to justify the current price of the asset (ie price stays the same and the currency weakens).

I think people are biased towards assuming the first one whereas the are structural reasons relating to Ray Dalio's long term debt cycle argument why the latter is more likely at this specific moment even though historically the former happens more than the latter.

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Re:Low interest rates in advanced countries have pushed mone... by carom on Wednesday November 24, 2021 @09:57PM (#29337779)
Inflating the currency is much more likely. It is how the government will escape a crisis when they cannot lower interest rates any more. That said, I think land is finite and will keep pace with inflation.
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