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I remember cars being $2-3k or a little more. I also know that the cost of living was much less but what do you think the leading factor for inflation today? Is it population growth? Is it the EU and China's growth? Is it corruption in the banking and real estate industries? I remember my parents bought our house in the 1950s for around $20,000 and now houses have been sold in same area and size for over $300k. How do people afford these huge mortgages?
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