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The Squeeze Less Opportunity for Wage Growth
People in the broad defind middle of life are more likely to own their own homes. Home ownership is a meaningful way to escape a significant part of inflation, it has been recently. If you've refinanced in the last couple of years, as millions and millions of americans have, you may be paying less for housing now than you were a couple of years ago. This highlights how these experiences can be very different for different people.