I keep hearing that real estate is crazy expensive, some comparing it to how it was in 2006 before the big crisis, that it's gonna crash down hard because of interest rates... Well maybe, but I found this graph quite interesting:
This is basically real estate relative to M2. Shows that up until 2005-2006, the price of real estate grew much faster than the money supply, while they have both been quite stable against each other since ~2012.
This is basically real estate relative to M2. Shows that up until 2005-2006, the price of real estate grew much faster than the money supply, while they have both been quite stable against each other since ~2012.
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