The Economic Tale of the Writers Strike
Slate Money
00:00
The Fed's Job for Fiscal Policy
We're also not seeing rents come down. That's an important part of the housing services category, which is another thing that people are looking at. In fact, if you look at inflation, rates rents are 100% of the housing component of inflation. What house prices, whether they're going up or down, have very little effect on inflation. Whereas rents have a huge effect, not just on renters, but even on homeowners in terms of the way CPI is calculated.
Play episode from 37:37
Transcript
