When housing accounts for 30-50% of your income, house prices *are* inflation. | Hacker News

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		tomp on Aug 8, 2015 \| parent \| context \| favorite \| on: Why Rent Is So High and Pay So Low When housing accounts for 30-50% of your income, house prices are inflation.

GFischer on Aug 8, 2015 [–]

Amen... in my country (Uruguay) they have a carefully managed inflation index... but it is meaninglesss.. housing went up 70%, what do I care if lottery tickets or vegetables go up or down 1%

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