I didn't say 11 times price. CRA said so and I have reservation

来源: 2008-09-23 11:02:44 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

on that number. But main point of CRA report is very correct, inflation will push all price levels up over time, including the salary, rent and housing price. We don't know if it's 30 times increase, or 300 times increase, like wise, we don't know how much salary will rise. But past history told us that salary rose at least 5 times in about 20 years. History also proved the same to housing. We need to appreciate the main idea of Dr. Fuller's report, rather than picking faults like BAresident said.