> The analysis is suspect as they don’t seem to model how much the 70% shrinks or slows in growth at all. It doesn't model it at all. The trajectory of ex-shel

> The analysis is suspect as they don’t seem to model how much the 70% shrinks or slows in growth at all. It doesn't model it at all. The trajectory of ex-shelter CPI is taken as an input. For the provided scenarios, all non-shelter components are assumed (as a scenario premise, not a prediction) to instantly return to a 2% growth rate and stay there.