Some very important things have become hugely expensive, while other things have become incredibly cheap. Housing near work opportunities, education, health ca

Some very important things have become hugely expensive, while other things have become incredibly cheap. Housing near work opportunities, education, health care, and childcare are many times more expensive today than in the past, adjusted for inflation and purchasing power parity [1]. Smartphones are not a luxury today by the very definition of what a luxury is (something scarce and hence expensive). Likewise, entertainment and other diversion options have become very cheap. https://slatestarcodex.com/2017/02/09/considerations-on-cost-disease/ https://slatestarcodex.com/2017/02/09/considerations-on-cost...