Inflation?
Inflation?
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90 comments
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A lot of things don’t even go up at the inflation rate. Look at the car prices and housing.
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Car prices: supply is constrained because of supply chain issues where often just a small handful of the myriad of chips in the car are unavailable.
Housing: supply is artificially constrained by various laws, often of the NIMBY type.
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It's not just constraints, IT'S FUCKERY. https://www.dailykos.com/stories/2024/6/5/2244971/-FBI-raid-on-real-estate-company-linked-to-Harlan-Crow-s-RealPage-rental-price-fixing
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There is that, but the larger explosion in housing prices can be largely chalked up to under supply in popular markets.
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Inflation is an average of a number of expenses, so that's always going to be the case.
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90 comments