[dtel]

Inflation can only really work if all thing are inflated equally.
The tendency is for wages to stagnate or deflate and "stuff" to inflate.
Thus you make the same or less and things cost more, it can't go like that forever.
A carpenter still amkes $15 an hour, now instead of paying for a 100K home he is paying for a 200K home.
Thus the wife or live in must also work to make the bills.
The gov loves this, double the taxes, double the fun.

[dtel]

I fail to see the inflation is good argument.
All it is, is self-induced taxation.
As your wages inflate, if they do, you also rise in tax bracket, effectiively sucking out any profit from your increased wages.
We should all fight RE inflation, but we are all too greedy to realize it.(Myself included, buy low, sell high)
While we celebrate our new found wealth in our rising home value, once again we are creeping up in taxable value, thus slowly and steadily sucking the profits out through ever-increasing RE taxes.