If you read the book, "The Price of Tomorrow" by Jeff Booth, you wiill clearly see how this happened, and why.

If Government would not have stolen 2/3rds of the purchasing power of the people, technology would have likely made housing DROP in price as related to income!

I don't know how to calculate it, but if average income is $60,000/year a house would likely cost LESS than $60,000 today if you did NOT have Government taxes/printing!

The reality is - average cost of a house would likely be a fraction of yearly average income - so if you made $60,000/year you could buy an average house for maybe $40,000 (the price of a car!).

If you are a Bitcoin optimist, this is EXACTLY what is ahead for all of us. Once we are on a #Bitcoin standard deflation will start making things cheaper - and you will eventually be able to have many things in life you never dreamed you could own!

This deflation which increases prosperity for WORKING CLASS will be felt in housing, food, energy, travel, and time freedom.

For many the 'freedom' will be the biggest benefit of a hard asset money!