So, I guess it depends on how much energy and housing matter to you... ;-)
But help me out here. Property values have been going up by about 10% per year for a few years now [I just happened to deduce from the council tax booklet I got from the borough the alleged 1991 value of the property I rent, and compared with the current local prices...], so the mortgage payments for a newly blught property have been going up by the same amount (roughly) so rent payments for equivalent properties have also been going up by 10% a year. And about 1/3 of people's after-tax income is taken by housing expenses, so there goes over 3% inflation. Am I wrong? guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
But, I would guess that the cooking involves some sleight of hand about the amount of after-tax income spent on housing. That presumably is the key assumption.
