3 ms·
> Inflation have been crazy for the last decade, salary is finally starting to catch up, especially this year. Not really. Housing prices raised significantly
by jonknee 13y ago
> Inflation have been crazy for the last decade, salary is finally starting to catch up, especially this year.
Not really. Housing prices raised significantly in a few markets (the SF Bay area a prime example), but inflation has been average for the past decade. That makes sense considering we had a recession, it canceled out high inflation years like 2007.
http://www.usinflationcalculator.com/inflation/current-inflation-rates/ http://www.usinflationcalculator.com/inflation/current-infla...
- wisty 13y agoHouse prices aren't part of inflation, are they? Generally, economists assume that a house is an asset, and rent (or if people own houses, the rent they would pay) goes to the inflation figures. From the FAQ on your link: > Housing: rent of primary residence, owners’ equivalent rent, fuel oil, bedroom furniture, etc. So house prices aren't included, just imputed rent.