📈+2500% priced in dollars
📉-60% since 1970 priced in gold
🏡Your house isn't going up in price, the currency you're using to measure its value is rapidly depreciating.
🚨The narrative that ''housing is a great investment'' is purely a fiat illusion.
LukeMikic21 on Nostr: 🇺🇸Real estate prices in America since 1964: 📈+2500% priced in dollars ...
🇺🇸Real estate prices in America since 1964:
📈+2500% priced in dollars
📉-60% since 1970 priced in gold
🏡Your house isn't going up in price, the currency you're using to measure its value is rapidly depreciating.
🚨The narrative that ''housing is a great investment'' is purely a fiat illusion.
📈+2500% priced in dollars
📉-60% since 1970 priced in gold
🏡Your house isn't going up in price, the currency you're using to measure its value is rapidly depreciating.
🚨The narrative that ''housing is a great investment'' is purely a fiat illusion.