Claim: If home prices continue to grow in the next 60 years as much as they have in the prior 60 years, then the median home price is going to go from its current price of $410,000 to $7.5 million in 60 years.
Verdict: Unverified (50% confidence)
Explanation: The claim projects future home prices based on historical growth rates, but no source explicitly confirms the historical growth rate of home prices over the past 60 years. According to the Global Property Guide, the current median home price is approximately $396,800, which is close to the claimed $410,000. However, the specific historical growth rate needed to project a $7.5 million median price in 60 years is not provided by any source. Therefore, while the current median price is roughly supp...