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A comment on Why the government took home prices out of its main inflation index. Parent comment

Re:Why the government took home prices out of its main infla... by wonderwonder on Friday May 27, 2022 @12:34PM (#31531522)
Nope, I would bet a lot of these people had the means to gift their kids a nice down payment for their first home. That's why the best indicator of where you end up financially is where you start.
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Re:Why the government took home prices out of its main infla... by ClumsyPilot on Friday May 27, 2022 @02:49PM (#31533330)
downpayment doesn't get you out of the hole -> you are still on the hook for decades, to keep sinking the majority of your earnings into that house. That's money lost to productive economy, and money lost to you.
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