After Inflation - Houses Still Adding (NET WEALTH)

Adjusted for inflation, means you back out inflation and look at how much a house has gone up above the cost associated with normal inflation. We are far higher now than the housing bubble in 2006.

When you sell the house you are richer, but if you have to buy the same house again at the same price, your wealth just shifts. Still, owning a house has been a huge wealth creator, as you don’t pay taxes on that wealth until you sell it, and only then after some big deductions from the Gain on Sale.