Comment by lostlogin
3 hours ago
I searched, the first hit was New York (seems odd?). I looked up average price over time, inflation adjusted. They are increasing.
https://fred.stlouisfed.org/series/NYSTHPI
Edit: DuckDuckGo seems to have served me a terrible example, further digging shows some examples which don't even need looking up, its clear that pricing has plummeted.
He’s talking about places with long run population decline.
NYC has grown by about 1.5 million people over the last 30 years.