leonwankum on Nostr: Real estate's high valuation reflects the debasement of fiat currency. CAGR M2 since ...
Real estate's high valuation reflects the debasement of fiat currency.
CAGR M2 since 1971: 6.8%
CAGR Housing since 1971: 5.7%
CAGR Commercial RE since 1971: 4.4%
Anyone who denies a correlation between the nominal value of real estate and the devaluation of fiat value is denying reality.
But I guess most people like to do that ... :)
Published at
2024-07-02 14:17:18Event JSON
{
"id": "a9affb6de3f7f1d231a7ad230bf174720704937f547243bd197c90828393c804",
"pubkey": "652d58acafa105af8475c0fe8029a52e7ddbc337b2bd9c98bb17a111dc4cde60",
"created_at": 1719929838,
"kind": 1,
"tags": [
[
"e",
"cdddef62ab8cb4ced4feacf6c475fd466e1b9fcf24bc8f1c19801d8c10031eac",
"",
"root"
],
[
"p",
"b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc"
]
],
"content": "Real estate's high valuation reflects the debasement of fiat currency. \n\nCAGR M2 since 1971: 6.8%\nCAGR Housing since 1971: 5.7%\nCAGR Commercial RE since 1971: 4.4%\n\nAnyone who denies a correlation between the nominal value of real estate and the devaluation of fiat value is denying reality. \n\nBut I guess most people like to do that ... :)\n\nhttps://m.primal.net/IoQI.png ",
"sig": "8242cd52ce6dd506009872e7ebba212370564a5f6c0611811e2324b363aae0575ce98df21b1346809b28139afe2032eac6fbcd21f194e6f86d3cea9f7366cca3"
}
