[OC] House prices over 40 years – watch Spain

6 comments
  1. I’m assuming this uses constant prices.

    This chart reflects the progressive lose of competitivity of European economies, added to a political system that is by and for boomers, we just don’t see it in food (so far) because is highly subsidized.

    Explained more simple: if the rest of the world gets richer and your real state is cheap, they are putting money on it, but if you don’t get also richer, what you see is a rise in the price.

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