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Inflation doesn't include housing costs, right? So cost of living can go through the roof but as long as consumables are cheap, official measures of inflation w
by klipt 9y ago
Inflation doesn't include housing costs, right? So cost of living can go through the roof but as long as consumables are cheap, official measures of inflation won't notice.
- roymurdock 9y agoIt incorporates housing costs by measuring rental costs and imputing the rents of those who own housing: http://www.slate.com/blogs/moneybox/2014/02/24/housing_inflation_the_cpi_is_a_disaster.html http://www.slate.com/blogs/moneybox/2014/02/24/housing_infla...