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what does 1990=100 mean? and why are thr prices expresses in hundreds? thanks Great, if you can afford one Global average house prices, real terms

what does 1990=100 mean? and why are thr prices expresses in hundreds? thanks
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Great, if you can afford one Global average house prices, real terms 1990=100 50 1870 1900 2000 12 Source: "No price like home: global house prices, 1870-2012" by K. Knoll, M. Schularick and T. Steger, American Economic Review 2017 The Economist

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