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Originally Posted by Buddahaid
If you look at the bls statistics, you'll see that the largest contributor to inflation is housing or rent increases if you will. Who controls that in the White House?
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I was talking about the cost of groceries and fuel but regardless inflation causes housing/rent increases it's not the other way around. Another big factor controlling housing costs are lending rate increases. Guess who controls that?
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Why is housing in Boston so expensive?
Experts say local policies, high interest rates, and a lack of supply drive up costs.
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https://www.boston.com/real-estate/l...-so-expensive/