Dragos

you must believe you are special and then go so hard, for so long, with such violent refusal to accept any other ending, that reality itself starts running out of ways to tell you no. you must wage a war daily against the ordinary outcome, until the belief you invented out of nothing in a room by yourself has been hammered into the world so many times that it stops being a claim and becomes reality.

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AntonKreil

@AntonKreil

over 1 year ago

Want to see something F7ck3ed up? I asked A.I. to infation adjust average U.K. house prices since Jan 2007 to June 2025 and adjust for the GBP/USD rate. What you see in Jan 2007 and each subsequent month is the U.K. average house price in that month priced in June 2025 money converted to USD. This paints a bleak picture. It shows that since Jan 2007 the average U.K. house price in global USD terms adjusted for local inflation, has lost around 50% of its value in todays money. Since 2009 U.K. house prices adjusted for inflation and in Dollar terms are flat. In the last 18 years people in the U.K. thought they were being smart by buying property. They thought they were getting richer. They weren't. The average U.K. homeowner is no richer on a global basis than they were 16 years ago and around 50% poorer than 18 years ago. Just because your property goes up in value doesnt mean you are getting richer. It might feel nice at the time because the number goes up, but in the end it means nothing if on an inflation adjusted and dollar adjusted basis you dont get richer. This is one main reason why people in the U.K. are confused and can't figure out why they dont FEEL richer even though their house price has doubled or tripled in GBP value terms. Its the biggest "asset" and "investment" everyone makes, yet they feel no richer than before the 2008 GFC. This is why. The equity in their home has been meaningless for 18 years!