> It's fundamentally _odd_ to me that people are looking at rental costs. I think it was good that he focused on rent instead of for-sale price. The sale price

> It's fundamentally _odd_ to me that people are looking at rental costs. I think it was good that he focused on rent instead of for-sale price. The sale price includes other factors (property taxes, interest rates, expectation of rent increases) that do not affect the cost of living, and many authors get confused when they complain about rising prices while ignoring rents; see https://www.idiosyncraticwhisk.com/2017/10/housing-part-264-rent-is-how-we-consume.html https://www.idiosyncraticwhisk.com/2017/10/housing-part-264-... for further explanation