. US housing isn’t just cheap; it is the cheapest it has been in more than 40 years. And when one considers the possibility that inflation may rear its head soon, housing looks even cheaper still.
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What's driving down housing is the inability of the working class family income to keep up with inflation. I'm sure that would be confusing if you looked at official measures of inflation and took them seriously. Sure looks "modest" and under control on those charts. Just don't gas up, get sick, eat, send the kids to college or pay the utilities and you could "invest" your entire paycheck into the housing market.
It's just amazing that with a twisted set of facts you can arrive at the most absurd conclusions, publish them and millions of %$#@# will nod in agreement.
GOD BLESS AMERICA