> all while millions of people faced the awful reality of exploding rents Because most people are homeowners, and the way rent prices are reported in CPI count

> all while millions of people faced the awful reality of exploding rents Because most people are homeowners, and the way rent prices are reported in CPI counts homeowners as renting to themselves, when this goes up it actually means people are making money. This is especially true because everyone bought homes in 2021 right before interest rates went up.