I’m amazed that anyone would pay money for advice from PS. I love that chart she made of the projected future house prices. It declines so fast that it actually inverts and goes back in time. I’m still trying to figure out the physics of that one.
I’m amazed that anyone would pay money for advice from PS. I love that chart she made of the projected future house prices. It declines so fast that it actually inverts and goes back in time. I’m still trying to figure out the physics of that one.
“I hear people mentioning “going back to 2003 prices” does that statement assume that it’s 2003 prices + 3.03% per year for inflation?”
No. When people say “going back to 2003 prices”, they are generally talking about nominal values. So if your house was worth $400,000 in 2003, they believe it will eventually fall back down to $400,000 in the future.
“I hear people mentioning “going back to 2003 prices” does that statement assume that it’s 2003 prices + 3.03% per year for inflation?”
No. When people say “going back to 2003 prices”, they are generally talking about nominal values. So if your house was worth $400,000 in 2003, they believe it will eventually fall back down to $400,000 in the future.
“I hear people mentioning “going back to 2003 prices” does that statement assume that it’s 2003 prices + 3.03% per year for inflation?”
No. When people say “going back to 2003 prices”, they are generally talking about nominal values. So if your house was worth $400,000 in 2003, they believe it will eventually fall back down to $400,000 in the future.
