House/land/property. Mortgage rates aren’t great now but low rates for the last 30 years have made property a good investment, rising faster than inflation. With a relatively small down payment/investment, you can see good returns.
People need a place to live. Outside of a large systemic shift, private property will still exist to rent-seek of you want to landlord.
On average property rises exactly at the inflation rate, unless the property is located in a growing area, or a declining area.
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For 1990 - 2022, FRED data shows US home price index at 368% vs CPI at 148% (vs the 100% starting date in 1990)
Can't deeplink the specific queries... I think?
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CPI is totally faked and manipulated by gov- I agree that property is the best non-bitcoin inflation hedge. But apart from a growing population area, it does not "outperform" vs inflation rate
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do you have sources for non-gov inflation data to share? I don’t have a sub for the shadow stats to pull out specific time frames.
All models are made up, some are useful.
Housing prices and CPI are manipulated, but if you can up with some sources that would help
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No I don't have alternate sources, I'm proposing alternate methodology.
The way I see it, the housing price index is a much better inflation number than CPI- while allowing for divergence based on demand in population-growth cities/towns.
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