I appreciate you setting the bar on necessities. Too many people focus on the... "cheap" "luxuries" like air conditioning, smartphones, internet access.
reply> Housing costs have outpaced inflation
replyIn fairness though, given inflation is the average, housing costs outpacing means something else underpaced.
You are right about "house prices", but not all housing costs. Home loan interest repayments are not included in official inflation calculations.
replySure, things like phones are much more feature packed and only slightly more expensive, so they get to be inflation adjusted as being significantly below inflation.
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