Comment Comment by jonplackett The weird thing about house prices is it’s the exact same house that now costs waaaay more.What I mean is, for example, my house is 130 years old. So it’s in a _worse_ state than it was 20 years ago. But it costs probably 10 X more.It’s not like houses are a fine wine that matures. Nor is it in any way upgraded or better like a new technology would be.But up in cost they go, indefinitely. Exponentially. Pointlessly. A complete and utter failure of policy. parent jonplackett 5 years ago
What I mean is, for example, my house is 130 years old. So it’s in a _worse_ state than it was 20 years ago. But it costs probably 10 X more.
It’s not like houses are a fine wine that matures. Nor is it in any way upgraded or better like a new technology would be.
But up in cost they go, indefinitely. Exponentially. Pointlessly. A complete and utter failure of policy.