How do you adjust for inflation? Because my thesis is the current inflation "on paper" is much smaller than the real inflation. Just look at all the people going "Inflation? Naah! T's all good!" - I just see no way this is true with the increasing prices to... well, everything.
Inflation is a squishy concept, but generally people refer to it as a general decrease in purchasing power for a unit of currency, across the entire economy.
When a single good, housing, goes up in price, that is not a general shift across many different goods.
What sort of "real" inflation are you talking about here that's bigger than on paper? What's your metric?
