I'm not on the autistic spectrum, but I do like playing with you.

I would argue that inflation when it comes to housing does not exist. Housing 'value' is real and defined. The 'value' of your dollar and your labor is just going down in relationship to the real value of real estate. It may appear like inflation, but it is just the value of your dollar going down.

Supply and demand is really a minor factor. If there is a huge demographics movement from California to Texas, yes the cost of housing in California may go down 2% and go up in Texas 10%. But this doesn't explain why housing goes up 20% every year in San Francisco.