4 ms·

Any idea how much of the Consumer Price Index for Rent of Primary Residence consists of rent-controlled housing?

• cperciva 9y ago
  No idea. But my impression is that it tends to be more common in the cities which have seen the largest increases in property values.
• smacktoward 9y ago
  It depends on whether you use the figure for rent of primary residence (where the sample they use to calculate it includes rent-controlled units) or owner's equivalent rent of residence (where it doesn't). See https://www.bls.gov/cpi/cpifacnewrent.pdf https://www.bls.gov/cpi/cpifacnewrent.pdf for details on how each figure is calculated. The two figures tend to track each other closely in practice, though, so if you're primarily interested in observing trends the distinction is mostly academic. Here's a graph with data for both indicators going back to 1981: https://fred.stlouisfed.org/graph/?g=dM2A https://fred.stlouisfed.org/graph/?g=dM2A