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> Unfortunately, it does not mean you get lower cost of housing (prices here are still astronomical, and while they look cheaper in comparison to California, is only because of the severely reduced income locals make -- prices are still at record-all-time highs)

Are you taking into account the inflation we've experienced? If the mental anchor against which you compare this "all time high" is 2015, for example, then we've seen over 20% inflation. Over 33% inflation since 2008.



https://fred.stlouisfed.org/series/MISTHPI

By these numbers, up about 78% since 2008 and 2015, which almost matched.

Up 50% since the previous peak in 2005, so yeah all-time high.




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