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True (piefed.cdn.blahaj.zone)
submitted 8 months ago by to c/politicalmemes@lemmy.world
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[–] 17 points 8 months ago (4 children)

For some reason I feel like this should be adjusted for inflation. Now this isn't any better but $162,000 adjusted for inflation would have been roughly $296,288 and some change in 2023. That's still well over a 470% increase, if my bad math is not bad today. I was lucky enough to buy one as a Millennial back in 2019 before houses started to skyrocket but this is just absolutely asinine.

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  • [–] 12 points 8 months ago* (last edited 8 months ago) (3 children)

    This is inflation

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  • [–] 8 points 8 months ago

    OP's post has a sell date in 2023, your graph includes gold's meteoric 2-year doubling after that, in 2023-2025.

    The price of gold (like so many assets) is so far removed from any realistic measure of value as to be meaningless.

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  • [–] 1 point 8 months ago

    I wonder if prices go up as there are less and less people to take advantage of to create the low prices we used to have in the west. The world is modernizing and doesnt need to depend on abusive benefactors as much as it used to.

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