One day my roommate and I helped them move in a tv and in their apartment they had inflatable couches, the tv we were installing, beds, and a tanning bed, that's just about it. 

Also, as Jason Hartman says, inflation helps you pay off fixed rate debt as you pay it back with "worth-less"dollars over time--basically benefiting from a non-inflation adjusted, original purchase price in the distant past.To Your Success!

They do not want to reinvigorate inflation.

The same problems and policies that contribute to the things that make the headlines in SFO also may contribute to huge barriers to entry for new construction, inflating rents and asset values long term.

Most folks think that this is referring to a practice called basis shifting which would allow your moms estate to sell property to you at an inflated price in order to take advantage of the tax free step up in the estate.  

In the scenario I observed, it was the closing attorney getting title insurance where the hard money lender wanted 115% coverage which inflated the cost.

This is all just Political BS to hide the REAL cause which is INFLATION and inflations impact on expenses.

In 2024 I can't do roofs anymore for 8k, so adjusting for inflation the 60k is probably going to be more like 80k.So how do you make this work long term?

There also many unknowns like the actual inflation rate, an estimate is necessary. 

This requires an income that rises faster than inflation, or you will not have the additional dollars you will need to pay future inflated prices.What causes rents (and prices) to increase?