Quoted By:
>Housing is the main inflation problem, per Axios. Shelter accounted for more than 70% of core CPI's gain in the 12 months ending in August. Core CPI would have increased just 0.1% last month if shelter prices were excluded, according to investment firm Brean Capital
>First-time buyers made up just 26% of August home sales, matching the all-time low from November 2021
>Hiring in 2024 is at a historic low, per CNBC + Challenger
I'm getting GFC flashbacks goddamnit
