The Dynamics of Shelter Costs and Wealth Disparity

This chapter examines the intricate relationship between shelter costs and the Consumer Price Index (CPI), emphasizing the lagging nature of rent adjustments. The discussion highlights how quantitative easing has exacerbated wealth disparity and its implications on economic growth, particularly how the wealth effect influences consumer behavior. Ultimately, the chapter critiques the current capitalist practices and advocates for financial literacy to help elevate lower income brackets.