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by chii 1978 days ago
> There is crazy inflation in things like house prices and assets like stocks.

but these items are not required for somebody to live - so they are not used in the inflation calculation.

1 comments

Stocks, no. But houses are generally considered essential. Or at least I home they will be. With the way that my community has accepted mass homelessness without any concern fir allowing new housing to be built, I fear that we may regress from the 20th century position of housing being a human right.
The cost of housing is the rent cost (which is the imputed rent cost of your own home, if you owned the house - not the interest cost of a mortgage).