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Suppose that average home price at the end of 2019 was $450,000. At the end of 2020, the average home price increased 50% relative to
Suppose that average home price at the end of 2019 was $450,000. At the end of 2020, the average home price increased 50% relative to the same time period one year ago. Then, in order for the average home price at the end of 2021 to be the same as the average home price at the end of 2019, average home prices have to fall by AT LEAST 50% by the end of 2021 meaning that if they don't fall by at least 50% by the end of 2021, average home prices will not be as low as $450,000. True or Fasle?
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