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> After adjusting for inflation, wages have fallen and rents have increased. They've been increasing at a pace of roughly 3% above inflation/year: Where in tha
by vonmoltke 9y ago
> After adjusting for inflation, wages have fallen and rents have increased. They've been increasing at a pace of roughly 3% above inflation/year:
Where in that link does it say per year? The text and the chart show a 4% rise above inflation total from 2007 to 2015. That rate of rise is in line with the numbers from last year[1] that show housing as a whole rose somewhere between 0.5% and 1% more than overall inflation.
[1] https://www.bls.gov/opub/ted/2018/mobile/consumer-price-index-2017-in-review.htm https://www.bls.gov/opub/ted/2018/mobile/consumer-price-inde...