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Ah, and the calculation for what is “essentials” has stayed the same all this time? Does this capture if more people are renting and part of their expenditure
by lovich 10mo ago
Ah, and the calculation for what is “essentials” has stayed the same all this time?
Does this capture if more people are renting and part of their expenditure on shelter each month is just spent vs a mortgage payment where the principal paid off gets you equity? I legitimately don’t know, but I know that single value graphs trying to summarize a complex situation are useless on their own and need more data to draw any conclusions from
- twoodfin 10mo agoI don’t know, either, but I’ve got data from the Fed, what would you suggest looking at instead?
- lovich 10mo ago> Chart that against education and training costs(not just college, let’s include things like trade school or mechanics needing to supply their own tools) and basics like housing.