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by rcpt 2232 days ago
> in real terms

The amount of land stays fixed while the amount of money changes. Other products can change their supply but land stays fixed.

It's reasonable to believe that land will become relatively more expensive imo. Looks like it's not a guarantee though https://www.caracaschronicles.com/2018/05/03/once-the-safest...

fwiw I hope land prices plummet here they are already insane https://wolfstreet.com/2019/07/12/changes-in-house-prices-re...

1 comments

Real terms refers to the price vs wages.