Social pressure, Inflation caused.
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Have you wondered why everything is becoming impossible to pay for, from basic basket products to luxury items, nothing has been saved. What are the products that have risen the most in price in our countries and why? And it is that I am not imagining it, nor is it just the place where you read me, according to data from the World Bank from 2020 to 2021 the food price index increased worldwide by an unusual 40 percent.
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In some of the main cities of Latin America and the United States, housing prices have risen more than 100% in the last decade, in cities such as Mexico City, Bogotá and also in Los Angeles, for example, the dream of owning a a house has already become unattainable for many people.
The average annual salary in Mexico City is only 162,000 Mexican pesos, around 8,100 US dollars, this means, friends, that a person would have to work for more than 13 years without eating, without spending anything to be able to buy only a house, in Bogotá, for example, the average cost of a house in 2021 was around 315 million Colombian pesos, which is around 82 thousand US dollars, with an average annual salary in the city of Bogotá of approximately 20 million Colombian pesos, which It is about 5,200 US dollars, a person would have to work for more than 15 years without spending anything, not even food, to be able to buy a house.
When it comes to medicines, the situation worsens, according to a 2021 report from the "World Health Organization" the prices of medicines in Latin America are on average 3.5 times higher than the international reference prices, this means that probably access to health or quality medical care is becoming a luxury that only the very rich can afford and this is affecting us all as the costs of medical care are more and more expensive, because more people they are forced to choose between paying for essential medicines or covering their basic needs such as housing and food.
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Education has also become more expensive especially in the case of higher education in countries like the United States University enrollment has increased by an astonishing 260% since 1980, in Latin America although public education is usually free, the quality of teaching and the resources available often do not meet expectations, just like the agenda we all know about public education continues in the United States and Canada, so now many people are opting for private schools and that increases the costs of education even more With constantly increasing student debt, today young people are often forced to choose not to continue studying and to take technical jobs, and that is not a bad thing, but it does deprive many of them of the possibility of continuing with their education. even when they want to.