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Content
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Giuliano Giacaglia pfp
Giuliano Giacaglia
@giu
Same vibes!
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Nick
@nickcrofts.eth
Wages have gone up 3.2 x in that chart. Houses have gone up 5.5x. So the house is worth more compared to wages than it used to be. I.e good store of value. You would have to compare against every day items like the food. This just shows that houses have grown faster than wages because people are storing money there.
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Fidel Ramos
@framos.eth
Or because housing has been made artificially scarce by limiting new construction via legislation.
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