I feel housing loan rates are 1 of the most key paramters to gauge 'affordability'
Rent feels a rather skewed function of real estate dynamics and lots of factors
2 decades back :
1-2% historic rates : developed economies
10+% : India
now, since things are shifting at unimagined pace, the gap seems to be closing...
6.5 % vs 8.5 %
Million $$ vs few lakhs or cr...
value of money - is determined by cost of living
In a way - it is quite connected - fake $ on fake value.
automated import. If something looks out of place, check the orig linkedin post
After Thoughts
Thoth:#1
$ being the global currency- dilluted acroos the world - never really had any chance of 'settlement' - aka determination of true value
now when its 'influence' is being countered - the real value of $ is being returned to homelands - the fed printer
fake food, 15 min cities - just putting marketing slogans on the simple fact that few nations now need to grow their own crops and do some real work, rather than hockus pockues 'science' which never produced anything for peeps, just ways of 'control' and manipulation - to hide fake $ and influence.