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by mdorazio
1898 days ago
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CPI and inflation metrics generally do account for housing costs [1], but the problem is inflation in housing is not evenly distributed. If you live in a coastal city or tech hub, your housing costs have likely risen much faster than the national average. I've found it difficult to get realistic measures of city-level inflation data without trying to construct my own index from various data sources. [1] https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-an... |
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