20 Dec 2017 4:52 am
Well I didnt...i didn't not make his post. But as I said before purchasing power is different from inflation...and if the cost of real estate is going up that might be related to inflation or it may have nothing to do with it at all. Obviously if we destroy 90% of all the buildings in the us then the cost of a building will skyrocket. But that isn't inflation it is scarcity.indago » 20 Dec 2017 4:49 am » wrote:You said "factored"...charles.thompson » 20 Dec 2017 4:46 am » wrote:But that is not what inflation is.indago » 20 Dec 2017 4:43 am » wrote:
"the phenomenal rise in monthly rent is NOT factored into inflation"
And it should be, as it is an expenditure that must be dealt with by many...