 That's double up with their parents, which Lautz says happened a lot during the pandemic. Now these grown-up kids are competing in the housing market, where inventory is low, partly because lots of older people are staying put. That's putting pressure on both the rental market and homes for purchase. So if shelter inflation continues apace, will the Fed be able to reach its goal of 2% for overall inflation? Well, sure, it's mathematically possible. Again, Steve Reed of the Bureau of Labor Statistics.