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@psychictides @AmyZenunim @waitworry Please understand I agree with your statement in a more abstract sense, yes, housing prices have likely risen relative to real wages. My only disagreement is about timing. I don't believe it was connected strongly to the fall of the Berlin Wall, especially since foreign policy circles saw that as dramatic but not the end of communism; the coup against Gorbachev wouldn't come for another 2 years and could have kicked the can down the road a decade. 2/2