4 ms·
If you are referring to "shelter up": "shelter" is one of the elements of the index. It refers mostly to the cost of housing. So, rent's up.
by lvh 3y ago
If you are referring to "shelter up": "shelter" is one of the elements of the index. It refers mostly to the cost of housing. So, rent's up.
- bongobingo1 3y agoI don't think rent has gone down in my 35 years of breathing...
- capableweb 3y agoRight after lockdown COVID restrictions got slightly lifted from the full-scale lockdown in a European country, the prices slightly dropped for some months, only to start raising again (and this month is all-time record for raises).
- quickthrower2 3y agoIt did temporarily in Sydney in 2020/2021, but back to normal now
- tekla 3y agoI seem to recall an event in 2020 where rent in NYC of all places drastically dropped.
- 111111IIIIIII 3y agoBingo! Let's just do that again...
- rescripting 3y agoHere is what I don't understand. Interest rates keep going up so mortgages keep going up so rents keep going up (this is more pronounced in places that have shorter mortgage terms like Canada). Then we bemoan inflation in housing?
- ilikehurdles 3y agoThe general public bemoans inflation in everything all the time. I’ve been hearing about the overpriced real estate market and the upcoming bubble burst since 2013.
- adfgadfhion 3y agoRent's up .4 percent, or around 5% annualized. Rent's up but not very much.
- ilikehurdles 3y agoIt’s even down according to ApartmentList.
- 111111IIIIIII 3y agolmao