this post was submitted on 20 Aug 2024
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[–] [email protected] 3 points 6 months ago (1 children)

Sure it's down, but is the price of food or homes down too?

[–] [email protected] 7 points 6 months ago (1 children)

Any positive inflation number means that prices are still going up. It is just a question of how fast.

So, lower inflation does not mean you should expect prices to fall. At best, it means you should expect them to go up more slowly.

[–] [email protected] 1 points 6 months ago

Well inflation was only 6.8% in 2022 but house/land prices went up at least 40%. The mass city exodus is over yet house prices are still up there...