this post was submitted on 29 Apr 2026
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traingang
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They're using real prices. I don't know about China but we've had so much inflation in the US since the 2000s that I wouldn't be surprised if our real prices look similar.
Edit: Out of curiosity I looked it up and (admittedly only from the first chart I found) the US real home prices fell so far after the financial crisis that they didn't recover to 2006 levels until around 2022. Our chart looks very much like this one except flipped upside down.