41–50 of 286 posts
Name something that costs less in 2021 than in the 2000s?
Almost everything. Important exceptions are housing, health care and education, which have large impacts on COL. But most else is cheaper.
Don't see the important question being answered: is this price rise accompanied by lax lending standards? Almost every sober analysis of thr 2008 crash involved dysfunction in the mortgage market. Skewed supply and demand does not a bubble make.
Lax lending is not the core issue of a market crisis like 2008, it is the amount of leverage and debt. You must look at how many people have cash in their banc accounts to cover mortgages if the stock market dives 50% and rates go up 2~4%. Can that generate a cascade of foreclosures?
Name something that costs less in 2021 than in the 2000s?
Earlier quoted context omitted.
Anything related to storage or compute? I couldn’t image having a 2tb drive 20 years ago, but having a 2tb ssd in my laptop is kind of amazing
compute? GPUs used to basically top out at $400, now the cheap ones go for more than that.
Is this inflation adjusted? Because otherwise I don't see the point of that article. Of course home prices are going to be higher 20 years later. Even if the numbers analyzed are inflation adjusted, the article doesn't explain in what proportion are those prices higher than in the 2000s. If a house value was 60% up before the bubble bursted and then house values crashed 60% you have a baseline which is the deflated p…
> The average price of American homes, in real terms, is now the highest it's ever been
So is this finally the inflation that we were promised for so long? I guess all that money created during covid had to go somewhere. Too bad it's not going into education or healthcare...
Earlier quoted context omitted.
Anything related to storage or compute? I couldn’t image having a 2tb drive 20 years ago, but having a 2tb ssd in my laptop is kind of amazing
compute? GPUs used to basically top out at $400, now the cheap ones go for more than that.
Name something that costs less in 2021 than in the 2000s?
Airline tickets.
So is this finally the inflation that we were promised for so long? I guess all that money created during covid had to go somewhere. Too bad it's not going into education or healthcare...