#CPI ππ₯
#CPI
Demographics = Demand
Supply is low = Savagely unhealthy rent growth.
Rent inflation does have limits, so the rate of growth should moderate.
Early 2021, Shelter component is near 43% of core CPI, so yes we have solid wage growth on the lower end and that does get eaten up by rent inflation.
#CPI
The Mad Max inflation basket
#CPI
Only hobbits eat two breakest basket
#CPI
I am glad I bought my new car in October 2020 basket.
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