Hacker News new | ask | show | jobs
by setgree 1969 days ago
I believe the person who said that was Agatha Christie.

As to measuring inflation generally via the proxy of housing, the relationship is confounded by regulation that subsidizes demand and restricts supply, especially in cities like SF & NY, which is almost guaranteed to raise prices. In lots of other arenas, e.g. access to fresh food, real prices have gone down over time in America.

1 comments

And just goods in general, but a lot of jobs with it as a lot of retail markups were from retail inefficiencies.

Now you’re increasingly < 10 miles from a Walmart and Amazon will deliver nearly everywhere.

15 years ago, a lot of this was still accessible, but you’d have to plan your Walmart trip or trudge through eBay or umpteen online retailers to cut out the b&m markups.