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I think that's the problem with inflation. We should look at inflation for a given income level. If housing is 50% of a poor persons income and 2% a wealthy per
by cmdrfred 10y ago
I think that's the problem with inflation. We should look at inflation for a given income level. If housing is 50% of a poor persons income and 2% a wealthy persons a 10% increase in housing costs seems to result in a diffrent decrease in spending power for each group. (5 and .2 respectively)