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If You’re Not in the Top 10%, the “Economy” in Headlines Isn’t Yours

The Money with Katie Show

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Analyzing Homeownership Costs and Inflation Impact

Exploring the calculation of homeownership expenses and inflation impact, including the overestimation of inflation on homeowners due to the method of implicit rent used by the Bureau of Labor Statistics. The chapter discusses the current real estate market dynamics favoring renting over buying, the disparities in economic experiences between different income groups, and the evolving definitions of wealth and economic status in today's society.

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