Estimating The Portion of Income Consumed By Essentials Between 1985 and 2025
Recently, Scott Alexander on Astral Codex Ten published Vibecession: Much More Than You Wanted To Know. In this article, various causes of the vibecession were explored and discussed. One quickly dismissed hypothesis was that inflation in the United States is underestimated by official sources. I am afflicted by the vibecession...
That's valid criticism. I decided to sacrifice national data coverage for increased granularity before 2000. This is because yearly median rent data cuts off in the year 2000. Before then, data is only available at the beginning of every decade. Since I wanted to get a look into the deeper past without sacrificing resolution, I made my substitution.
In retrospect, this was a bad idea.