It's mostly related to real estate prices. In uncertain economies investment goes into stable markets -- land and buildings. Prices increase, rents increase, pe

It's mostly related to real estate prices. In uncertain economies investment goes into stable markets -- land and buildings. Prices increase, rents increase, people need more money to pay for their housing. Everything else gets cheaper, but housing keeps getting more expensive. If you want to decouple these things, look into Land Value Taxes and a Citizen's Dividend.