this post was submitted on 30 Jun 2023
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[–] [email protected] 4 points 2 years ago

I assume the second graph is basing inflation on CPI as well and if I'm not mistaken that would mean dollars spent on mortgages are equivalent to dollars spent on rent.

I would argue that as home ownership goes down inflation would become more impactful as you do not build wealth with rent but can with a mortgage.