Can you please explain and provide evidence for the final declaration in your co... | Hacker News

Hacker Timesnew | past | comments | ask | show | jobs | submit

		dwaltrip on Feb 11, 2017 \| parent \| context \| favorite \| on: Considerations on Cost Disease Can you please explain and provide evidence for the final declaration in your comment? Are you saying that changes in housing valuations are definitionally equal to inflation? As in, they don't change price for any other reason, ever? That doesn't sound very realistic.

mindslight on Feb 11, 2017 [–]

> Are you saying that changes in housing valuations are definitionally equal to inflation?

Yes, essentially. For most housing transactions, the money supply that is made available to buy the house is equal to the appraisal of the house. It is a circular relationship.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact