I’ve been looking for a reasonable explanation for this for a while and literally cannot find one. SO help me understand, please. ❤️🤷♀️
In: 42
In regards to real estate, it’s because the average person stays in a home they purchased somewhere around 10 years before buying another and moving. Although the value of a person’s house obviously affects their bottom line, people can easily live through an inflation increase and decrease cycle without ever having to deal with the real estate market. Locked in interest rates can easily avoid the cycle as well. Stuff like the prices of groceries, gas etc are felt by everyone constantly and are a better measure of what people are dealing with in regards to inflation.
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