Prices have always kept rising. That’s called an inflation and it’s a good thing for the economy when it stays modes and people’s wages increase too. That’s why your grandparents bought a house for 40k that now costs half a million. The value of the house haven’t necessarily gone up, just the price of it in absolute monetary terms. 40k just got you more back then.
Just staring at increasing prices as if it’s happening in vacuum is missing the full story.
Prices have always kept rising. That’s called an inflation and it’s a good thing for the economy when it stays modes and people’s wages increase too. That’s why your grandparents bought a house for 40k that now costs half a million. The value of the house haven’t necessarily gone up, just the price of it in absolute monetary terms. 40k just got you more back then.
Just staring at increasing prices as if it’s happening in vacuum is missing the full story.