See my reply to jeffreyrogers: WWII reconstruction can't explain the 1990s and 2000s, which are far removed from that era, with the possible exception of German Reunification. The trends are consistent and robust across various periods.

Perhaps the other countries are more supply constrained than the U.S., especially post reconstruction. But that also refutes the insinuation that U.S. monetary policy is responsible for price inflation, and makes less credible the fears of some younger Americans that the bottom will fall out irreversibly the moment they make a home purchase.