"rent is up nearly 20% since 2020" but is that taking into account the change in the value of the dollar and changes in the consumer price index? https://www.i

"rent is up nearly 20% since 2020" but is that taking into account the change in the value of the dollar and changes in the consumer price index? https://www.in2013dollars.com/us/inflation/2020?amount=1 https://www.in2013dollars.com/us/inflation/2020?amount=1 $1 in 2020 is equivalent in purchasing power to about $1.19 today, an increase of $0.19 over 4 years. The dollar had an average inflation rate of 4.48% per year between 2020 and today, producing a cumulative price increase of 19.17%. This means that today's prices are 1.19 times as high as average prices since 2020, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 84.034% of what it could buy back then. gas was $3.22 in 2020 but is 42.17% higher in 2024, so by that metric rent is proportionally lower (than the 20% increase in rent) Things changed rather dramatically, theoretically,because of different presidential puppet-string-pulling in terms of the FTC: https://www.skadden.com/insights/publications/2021/06/lina-khans-appointment-as-ftc-chair https://www.skadden.com/insights/publications/2021/06/lina-k... https://www.bbc.com/news/world-us-canada-55738746 https://www.bbc.com/news/world-us-canada-55738746 After less than 24 hours in office Biden signed 15 executive orders whereas Trump had signed 8 after two weeks (Obama had signed 9 after two weeks). https://www.bbc.com/news/world-us-canada-55738746 https://www.bbc.com/news/world-us-canada-55738746 information that comes from government agencies is almost always data that has been arranged in such a way as to make those in power look like they're the good guys.