Re:Worker pay isn’t keeping up with inflation
by skywal_l on Friday December 17, 2021 @02:59AM
(#29589221)
Absolutely but this also assumes a fairly "elastic" housing market able to absorb the demand. I am not sure the market is still able to do that with the NYMBYsm and malthusianism around new housing. In high tension area, the price could quickly increase faster than general inflation. I believe CPI does not include house prices.
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Re:Worker pay isn’t keeping up with inflation
by mellavora on Friday December 17, 2021 @03:31AM
(#29589454)
Risk is that rising inflation raises mortgage rates which makes housing unaffordable. You might be able to continue paying your mortgage because you locked in a low rate, so not see this as a problem (free house!)-- but if for some reason you want or need to sell you might find it more financially challenging than anticipated.