Housing costs wouldn’t be on anyone’s radar if they simply grew with inflation. | Hacker News

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		SubjectToChange on March 22, 2024 \| parent \| context \| favorite \| on: Why the 2% inflation target? (2023) Housing costs wouldn’t be on anyone’s radar if they simply grew with inflation.

madsbuch on March 22, 2024 [–]

they don't, they have the interest rate as a coefficient.

interest rates have reduced signitifanctly over the past 30 years.

also, remember that housing is not your San Fransisco condos. it is also the town house at some rural village.

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