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>> CPI (it doesn't include housing.. Uh no, housing is 32% of the CPI. Source : https://arbor.com/blog/how-does-rent-factor-into-the-consumer-price-index-cpi/
by georgeecollins 6y ago
>> CPI (it doesn't include housing..
Uh no, housing is 32% of the CPI.
Source : https://arbor.com/blog/how-does-rent-factor-into-the-consumer-price-index-cpi/ https://arbor.com/blog/how-does-rent-factor-into-the-consume...
It doesn't track well with the experience of people on this forum because young professionals tend to live in cities with crushing rental markets, especially Silicon Valley. But the whole country, particularly thoseliving in houses not in New York or California, have a different experience.