3 ms·
Buying a house is excluded, but renting is included. This is because buying a house is an investment, and CPI is meant to track consumption.
by JamesBarney 9y ago
Buying a house is excluded, but renting is included.
This is because buying a house is an investment, and CPI is meant to track consumption.
- maxerickson 9y agoIt factors in the rental value of owner occupied housing, they attempt to exclude the investment value of the property and recognize the shelter value.