Re:What used cars tell us about the risk of too much inflati...
by ab_testing on Sunday March 14, 2021 @11:36AM
(#26456237)
Interesting that you talk about sphagetti and a honda civic. Now do the same calculation for rent, mortgage or health insurance
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Re:What used cars tell us about the risk of too much inflati...
by perl4ever on Sunday March 14, 2021 @12:29PM
(#26456583)
The government already did, and they got the same answer. My point was that can be confirmed with something that is easy and simple to estimate.
I guess you're implying that these things could diverge and the inflation rate matching could just be a coincidence.
But I don't think it's possible, because they're all part of a feedback loop. The people who build cars have to pay for rent and health insurance. The people who manage apartments and work for insurance companies eat and drive cars.
Edit: The selling price of my home in 2019 was 53% more than the selling price in 1995. The CPI was up more, roughly 70%.