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Alex G.'s avatar

Housing prices will never be included in inflation numbers, because homeowners form a significant and disproportionately politically active voting block. Homeowners want the value of their homes to increase at all times. Even when they want the price of literally everything else on the planet to fall.

You can’t have it both ways. You want the value of your home to increase by $20,000 a year? Expect to pay more for gas and broccoli, too.

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