SOARING RENTS

You can get caught up all you want in the different ways inflation gets measured. Much of that is just a form of intellectual masturbation: Economists writing for other economists, academics writing for other academics and so forth. In truth, the way the Fed measures inflation has over the years had more facelifts than a handful of aging Hollywood stars.

Real live everyday people have to have shelter and they have to have energy for a variety of reasons. Though we would take exception with some of what the author concludes here, this is an article you can read and decide for yourself. We seriously doubt that the government's data, as ugly as it is for renters, captures certain outlying areas like parts of Southern California  and San Francisco where rents have soared.

marctomarket.com/2016/05/great-graphic-us-rents-and-core.