this post was submitted on 30 Mar 2024
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Economics

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Homebuyers need to earn 80% more than they did in 2020 to afford a home in today's market (finance.yahoo.com)
submitted 2 years ago by farcaster@lemmy.world to c/economics@lemmy.world
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[โ€“] hark@lemmy.world 14 points 2 years ago (1 children)

So how is inflation since 2020 calculated to be "only" around 20%? Is there a bunch of stuff that went down in price to counteract or are inconvenient items simply not counted as part of inflation?

[โ€“] FlaminGoku@reddthat.com 11 points 2 years ago

The latter.