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If US Inflation Reflected Rising Home Insurance Costs, It’d Be Even Higher

'...Homeowners insurance costs in the US hit roughly $175 billion in 2023, up 21% over the previous year...'

Reference: www.bloomberg.com
Tags: Inflation, Home Insurance Rates Are Destroying U.S. Homeowners, Destruction of America's retirees,The Democrat Years,

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Why rent in the CPI report is so hard to figure out

'...the puzzle around rent inflation, which is one-third of the CPI. It's stuck at 5.6% y/y and keeping overall inflation high. ...some worry that surprisingly-high demand and solid wage growth will keep rents high.

Most-convincing is this chart: Which highlights that the CPI rent number is currently higher than any of the private measures of rent.'

Reference: www.forexlive.com
Tags: Inflation,Rent Prices, CPI,Destruction of America's retirees,

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