When our inflation infeelings don’t match the CPI
Planet Money
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Navigating Rising Rent and Inflation Metrics
This chapter examines the surge in rental prices over the past five years and its effects on the consumer price index (CPI), particularly in urban settings like Chicago. An economist provides insights into the methodologies used to measure housing costs and the implications for understanding inflation trends, revealing discrepancies between traditional metrics and personal experiences. The conversation underscores the complexities in assessing housing services and highlights the importance of individual perspectives amid changing economic landscapes.
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