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Re:92% of young people would sacrifice other perks for a 4-d... by jonahrd on Friday November 03, 2023 @09:43AM (#38128640)
I see. This article compares GDP vs housing prices, which isn't a surprise that US fares very well because the US is stellar at GDP growth.

But GDP is _absolutely irrelevant_ to the average citizen's purchasing power / income.

Re:92% of young people would sacrifice other perks for a 4-d... by anovikov on Friday November 03, 2023 @09:46AM (#38128684)
The particular chart i posted a separate link for, uses inflation adjustment, not GDP adjustment.

And sure, every country has a growing segregation between attractive, expensive areas and unattractive, cheap ones. That's normal. Fitting into attractive ones is a matter of competition and only the best few will - there can't be a place for everyone there no matter how the economy is doing and how high/low are the taxes "for the rich" (because it's not the rich who are buying up the housing).