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There appears to be an increase in housing expenses over time. Is that rise due to inflation alone? Consider the average sale-price of houses sold
There appears to be an increase in housing expenses over time. Is that rise due to inflation alone? Consider the average sale-price of houses sold for your bolded-and-green year of your template. In 1990 the Average Sale-Price of houses sold was $149,075 with the median household income was $61,500 Address each of the following: What was the average sale-price of houses sold for the year in question? What would be a comparable sale-price of houses sold in 2022, when that year is adjusted for inflation? Show your work in support of this answer. Compare the two amounts; is the general rising of housing prices increasing based upon inflation alone? Explain
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