Part 4/7:
Amid these upheavals, the Consumer Price Index (CPI) presents a disconcerting narrative. Despite homeowners experiencing notable increases in property insurance costs, the CPI reported a mere 2% increase over the past year, which many experts find hard to believe. Furthermore, it's important to note that property taxes are not factored into the CPI calculation, leading to a skewed perception of the real cost challenges that homeowners are facing.