Why doesn't CPI seem to capture the affordability crisis?
"From 1967 to 2022, the cost of basic necessities—#groceries, #rent, #healthcare, #transportation, #childcare—increased 35% faster than everything else."
* "groceries shot up by 23.6% from 2020 to 2024."
*" Rent is at an all-time high, with 50% of renters spending more than third of their income on housing."
From The #Affordability Framework Report :
