New Record 8.5% Homes are $1M Plus (Patreon)

Just wait and see what happens when rates come down

The purchasing power of our income has been severely eroded due to rampant currency inflation and reckless fiscal policies, including excessive money printing. As a result, what were once considered high prices are now simply the new normal. The real concern is no longer the nominal price of assets like real estate, but rather the issue of affordability. It's not about how much something costs, but whether people can realistically afford it in this distorted economic environment.

As I say, money printing floats all boats but really it is debasement at the end of the day aka reduced PP (*Purchasing Power)