Re:Skimpflation: A reason inflation is worse than the govern...
by mrep on Monday November 01, 2021 @11:43AM
(#29068249)
> The CPI should include the cost per square foot of residential real estate.
Other websites follow that [0] and interestingly enough, median inflation adjusted price per square foot across the entire country hasn't really budged in decades although covid could have messed that up these pasts 2 years. Of course, if you want to live in a geography constrained location like the west coast and northeast, that does not really help you but you need to work with their local governments as that is a local problem and not a federal one.
Other websites follow that [0] and interestingly enough, median inflation adjusted price per square foot across the entire country hasn't really budged in decades although covid could have messed that up these pasts 2 years. Of course, if you want to live in a geography constrained location like the west coast and northeast, that does not really help you but you need to work with their local governments as that is a local problem and not a federal one.
[0]: https://www.supermoney.com/inflation-adjusted-home-prices/