>Pick a random house>look at price history and compare to zestimate>comes out to 4% annual increase if you go back 20 years>not even counting costly additions and improvements added over the yearsWhy does it feel like real estate barely beats inflation?
>>519396994So your wages went 4% every year?
>>519397164More
This house in Alexandria was $180k in 2001 and now listed for $650k in 2025. You are looking at about 5.5% annual increase in a prime real estate market, not counting the expansion of the house and numerous improvements.
>>519396994because it doesn't. 30 years of intrest, upkeep, insurance, HOA if your retarded. homes are a money pit, not an investment, but a necessity. people just don't want to see the real issue which is our money is totally phony and borrowing decards of theoretical incomes doesn't help the situation.
This posh $1.5 million house in Westchester County increased 18% in the last 10 years. That's like 1.6% increase per year. That's beyond terrible.
cause thats where all the money goesno one has enough to buy a house, so they pledge their lives to the bank for fresh cash, which they inmediately sink into the local real estate market, do it a million time in a million places and you start to see the picture
>>519396994did something intentionally happen to the currency?
