Does anyone here dabble with real estate?

How real estate "recovers" from hyperinflation is

by prices stagnating until the rest of the economy catches up vis a vie "normal" inflation.

Actual sales prices for specific houses may go down a little, but unless it's a full on "bust" like 2008, they just hover.


Recent anecdote- one of the last vacant 1/2 acre lots down the street had a new house built on it over the lazy course of 2 years. It listed last month and sold in less than 3 weeks.

Median price in the 2.5 street neighborhood that has 1500-2500 sf houses as old as 1971 and as new as last moth is 345,000 (up from 125,000 in 2002, when I bought mine).

That new house was listed for 425,000. I have no idea what the actual selling price as (until the property appraiser's site is updated in about 3 months) but it sold fast.