Young folk must HATE Biden. Biden promised student loan forgiveness and lead them to believe that homes would be affordable for a long time to come.
And they got nothing on their loans...and the mortgage rate tripled.
Not sure who they are going to vote for. I am pretty sure it ain’t Biden.
It’s interesting that real estate prices and rents are starting to soften in a lot of areas already. It will take a while to filter into CPI data, though, because of the reporting lags. Probably starts to help the CPI data before the election, though.
It ALWAYS amazes me that these so-called Know It Alls are constantly "surprised" by facts the casual observers see clearly.
You can expect that the figures were intensely "massaged" bu Deep State stooges to help the dems. Expect these figure to be [very] quietly revised upward at sometime in the future.