Can anyone suggest way house prices have risen 3/4 times the rate of rents? How is that even possible
horseboxheaven on
Every time something like this is posted here it uses a dataset that picks the absolute bottom of the market during the recession as the starting point, which skewers the insight.
The percentage difference in house prices in Ireland between 2024 and 2006 is about 10%, for example. If someone said that house prices rose by only 10% in Ireland over 18 years, this would equate to an average annual increase of approximately 0.53% per year. Grand. Lower than the rate of inflation actually.
Thats not honest either but does show you how things can be presented by cherry picking.
senditup on
A pointless statistic, given house prices were on the floor in 2010.
ConradMcduck on
Now do wages
doates1997 on
Fuck why wasnt i 10 years older so i had money in 2010
angelosnt on
Rents in Greece are at a record high, so I’m puzzled by the decrease noted by the chart
8 commenti
https://ec.europa.eu/eurostat/en/web/products-eurostat-news/w/DDN-20250408-1
Can anyone suggest way house prices have risen 3/4 times the rate of rents? How is that even possible
Every time something like this is posted here it uses a dataset that picks the absolute bottom of the market during the recession as the starting point, which skewers the insight.
The percentage difference in house prices in Ireland between 2024 and 2006 is about 10%, for example. If someone said that house prices rose by only 10% in Ireland over 18 years, this would equate to an average annual increase of approximately 0.53% per year. Grand. Lower than the rate of inflation actually.
Thats not honest either but does show you how things can be presented by cherry picking.
A pointless statistic, given house prices were on the floor in 2010.
Now do wages
Fuck why wasnt i 10 years older so i had money in 2010
Rents in Greece are at a record high, so I’m puzzled by the decrease noted by the chart
Starting From the bottom of the crash
Do the same chart from 2007