• SeaJ@lemm.ee
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    4 months ago

    Well if you recall, there was a year where general inflation was far above 3%. Inflation is also not uniform and can be higher in some cities than others. And this is not inflation + 3%, it is 3%.

    • explodicle@sh.itjust.works
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      4 months ago

      Do you mean the year 2008 when there was too much investment in real estate? Or the year 2020 when there was a moratorium on evictions and lumber prices soared?