Maybe I read this wrong but, "we own 2 homes which are assured to skyrocket beyond the price hikes we’ve already seen". Home prices move inverse to interest rates. In a period of increasing interest rates (right now), home prices will come down. The total mortgage payment will stay the same but because the interest portion of the total monthly payment is more, the house price portion of the mortgage payment will come down. I also wonder if everyone has almost moved who wanted to move. I am starting to see price cuts on houses in Florida. So this could also just be the area that I have been looking at.

As far as the article goes, if we just take all the inputs out of the core CPI calculation, inflation looks great!! Gaslighting people when they know, with their own pocketbooks, that prices have gone up and continue to go up every trip to the gas station and grocery store is terrible.