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submitted 1 year ago by sik0fewl@kbin.social to c/canada@lemmy.ca

The popular idea that prices should fall to previous lows gives most economists chills. Deflation is bad for everyone, they say.

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[-] Rocket@lemmy.ca 1 points 1 year ago* (last edited 1 year ago)

Hey, how about those housing costs?

Check out the data. The housing market crashed in 2022. It'll take a couple more years to find the bottom, no doubt, but the problem is basically solved.

this post was submitted on 21 Sep 2023
24 points (100.0% liked)

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