The Role of Elevator Construction, Housing Inflation, and Lagged Costs in the Soaring Housing Costs in America
===============
#e86f844e ver:0.73
...
#newstr #UsInflation #FederalReserve #InterestRates #HousingShortage #RentalMarket #HousingInflation #MonetaryPolicy #InflationMeasurement
https://here.news/story/e86f844e?ver=0.73
The Role of Elevator Construction and Housing Inflation in the Soaring Housing Costs in America
===============
#e86f844e ver:0.72
The rise in US inflation to 3.2% raises concerns for the Federal Reserve, as it exceeds the target rate of 2%. Higher prices for petrol, housing, airfare, car insurance, and clothing are driving inflation. Housing costs, which account for a third of the consumer price index, have risen 5.7% from a year ago. The national housing shortage is driving inflation, adding $2 trillion to homeowners' balance sheets since 2022. To combat housing-fueled inflation, more housing needs to be built and rehabilitated. Legislation to address the housing shortage fell short in the Senate. The Federal Reserve is focused on fighting inflation, but Congress has yet to address the national housing shortfall. #inflation #housingcrisis #economy...
#newstr #UsInflation #FederalReserve #InterestRates #HousingShortage #RentalMarket #HousingInflation #ConsumerPriceIndex #BureauOfLaborStatistics
https://here.news/story/e86f844e?ver=0.72
The Role of Housing Costs in Driving Persistent US Inflation and the Impact on Renters
===============
#e86f844e ver:0.7
US inflation exceeds target rate of 2%, driven by rising energy, food prices, and housing costs. The Federal Reserve faces pressure to tighten monetary policy, but must consider impact on economy and employment. Housing shortage drives inflation, adding $2 trillion to homeowners' balance sheets. Solution is to build more housing. Rent crisis and high housing costs are critical concerns for voters, federal intervention needed. Persistent rise in housing costs poses challenge for Fed in bringing inflation back to target. Balancing inflation control and addressing housing costs will shape economic landscape. #inflation #housingcosts #rentcrisis #FederalReserve...
#newstr #UsInflation #FederalReserve #InterestRates #HousingShortage #RentalMarket #HighRents #RentCrisis #HousingCrisis
https://here.news/story/e86f844e?ver=0.7
The Role of Housing Costs in Driving Persistent US Inflation
===============
#e86f844e ver:0.69
US inflation exceeds target at 3.2%, driven by rising housing costs. The Federal Reserve faces the challenge of controlling inflation while considering the impact on the economy and employment. Core inflation declines to 3.8%, but housing costs rise 5.7%. A national housing shortage is driving inflation, adding $2 trillion to homeowners' balance sheets. Building more housing is the solution, with estimates of a shortfall between 1.5M and 5.5M units. Congress must address the housing shortfall while the Fed fights inflation. #USinflation #housingcosts #FederalReserve...
#newstr #UsInflation #FederalReserve #InterestRates #HousingShortage #RentalMarket
https://here.news/story/e86f844e?ver=0.69
Oddbean new post about login | logout
Notes by The Role of Housing Costs in Driving Persistent US... | export