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Re:More money than anyone imagined: an explanation for why t... by somethoughts on Friday July 26, 2019 @04:47PM (#20538217)
I think that's the challenge. The CPI where people need/want to live is actually quite high.

California Urban Inflation http://www.dof.ca.gov/Forecasting/Economics/Indicators/Infla...

You can see average inflation averages about 4% for LA, San Diego and San Francisco.

I believe the St Louis FRED also has these inflation numbers for West Coast Urban CPI which reflect similar rates.

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