@farcaster@lemmy.world to Economics@lemmy.world • 3 months agoHomebuyers need to earn 80% more than they did in 2020 to afford a home in today's marketfinance.yahoo.comexternal-linkmessage-square42fedilinkarrow-up1277arrow-down16
arrow-up1271arrow-down1external-linkHomebuyers need to earn 80% more than they did in 2020 to afford a home in today's marketfinance.yahoo.com@farcaster@lemmy.world to Economics@lemmy.world • 3 months agomessage-square42fedilink
minus-square@hark@lemmy.worldlinkfedilink14•3 months agoSo how is inflation since 2020 calculated to be “only” around 20%? Is there a bunch of stuff that went down in price to counteract or are inconvenient items simply not counted as part of inflation?
So how is inflation since 2020 calculated to be “only” around 20%? Is there a bunch of stuff that went down in price to counteract or are inconvenient items simply not counted as part of inflation?
The latter.