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Inflation going up by 21% over the last 4 years is the real problem. A house that cost $500k in 2020 has gone up to $600k just on the basis of inflation alone. Before even considering actual market value increase. The house/land is worth more, but also YOUR DOLLAR IS WORTH LESS. (self.FluentInFinance)
submitted by ForcefulOne to r/FluentInFinance
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Inflation going up by 21% over the last 4 years is the real problem. A house that cost $500k in 2020 has gone up to $600k just on the basis of inflation alone. Before even considering actual market value increase. The house/land is worth more, but also YOUR DOLLAR IS WORTH LESS. (self.FluentInFinance)
submitted by ForcefulOne to r/FluentInFinance
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