Birdwatch Note Rating
2022-01-24 21:24:33 UTC - NOT_HELPFUL
Rated by Participant: 08E9920FEC409311131428A32AE7BCBE0B8BB975B9E2DAF95F9DCCF2808F94F2
Participant Details
Original Note:
The average sales price of a house in the U.S. has increased from 2012 to 2022, but only by 75%, and not 267% like the graphic suggests. https://fred.stlouisfed.org/series/ASPUS Also to note, 2012 was the very bottom of the 2008 Financial Crisis for real estate, meaning property was historically cheap to buy. https://business.time.com/2012/05/15/report-housing-market-recovery-has-officially-begun/ https://www.forbes.com/sites/morganbrennan/2012/05/09/home-prices-stabilizing-signifying-a-housing-market-bottom/
All Note Details