sure, housing costs are extremely inflated in SV, definitely a reality

i'm talking about inflation and marginal propensity to consume at the national level. not sure what inflation looks like in SV - how much does your average fast food meal run you in mountain view?

i think it's also worth noting the effect of the internet on who owns property and where they are able to own and effectively maintain it. as well as the rate of return on real estate vs. market interest rates of "safe" investments and why the two have diverged so drastically