Inflation is being underestimated, particularly in housing costs, CoreLogic Principal Economist Molly Boesel is warning.
Official measures, such as the Consumer Price Index, showed that inflation was largely under control for all of 2020 and the early part of 2021.
But Boesel cautions the numbers didn't capture soaring single-family rents that much of the country experienced starting late last year with the single-family increases higher in some metros than others.
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