FuckBigNewsMedia on Nostr: There is a problem with inflation and economists have identified high housing costs ...

There is a problem with inflation and economists have identified high housing costs as the primary culprit. They have also stated that shelter inflation has a lag and it will eventually come down soon, but many experts are surprised by how long it is taking to happen. The text also discusses the fact that economists thought home prices would be a bigger contributor to the downward movement of inflation, but they haven't been as much of a factor as expected. Additionally, there have been concerns raised about the reliability of data used to measure rent costs, which could impact future predictions.

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https://read.distractionfree.site/fortune/2024/02/03/why-is-rent-so-expensive-housing-shelter-inflation-economy/

#inflation #housingcosts #shelterinflation #lagtime #homeprices #reliabilityofdata