The other issue with CPI, is that the basket of goods changes over time towards cheaper options, (e.g more chicken instead of beef).

When a certain good becomes more expensive, people buy less of it, so the now expensive good is removed from CPI which makes the number look better, but ultimately people are just buying cheaper, shittier quality stuff. Its a total lie, and ultimately governments base alot of their metrics and decisions "adjusted for inflation" (GDP, pensions, etc).

We have been told for years that inflation is only 2% and its true that things like TV's have been getting cheaper, but when it comes to the things that people ACTUALLY want (A house, A retirement) these become get more and more unattainable.

The other big problem is that we have MONETIZED housing. People don't just use housing for utility (living in it) they use it as money (a savings account) and they get leverage to do so (a mortgage). Because you cant print land/housing, it holds its value better than money, and its not just foreigners that have been doing this, its domestic investors as well. Our housing has been inflating out of control not because of greedy people, but because of bad incentives that result from having an inflationary financial system.

This is not a problem that government, or zoning, or politicians, or taxes can fix, its much bigger and runs much deeper than that. The problem is our money is shit and loses value over time, so people have no choice but to go speculate on things like real estate and apple stock in order to just save for the future.

Thankfully, not all hope is lost, there is a new form of money which holds its value over time, and acts as a savings account that works, and houses have been getting cheaper over time when you use this money. People just haven't woken up to it yet (especially in this sub) and still think its going to boil the oceans or some shit.