Your Home Barely Beat Inflation Over 130 Years Of Data
Robert Shiller tracked US home prices since 1890. Real annual returns: 0.6%. That means housing barely kept pace with inflation for over a century. The myth that real estate always goes up is built on nominal illusion. #investing #realestate #stockmarket
About Robert Shiller
Robert James Shiller (born March 29, 1946) is an American economist, academic, and author. As of 2022, he served as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Shiller has been a research associate of the National Bureau of Economic Research (NBER) since 1980, was vice president of the American Economic Association in 2005, its president for 2016, and president of the Eastern Economic Association for 20...
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