Rent (and "owner occupied rents") are a part of the bundle used in calculating the CPI. The owner occupied rent is a calculation of what the rent would be if t

Rent (and "owner occupied rents") are a part of the bundle used in calculating the CPI. The owner occupied rent is a calculation of what the rent would be if the owner had paid rent on the house they own. For some background on this: https://www.philadelphiafed.org/-/media/research-and-data/publications/working-papers/2004/wp04-22.pdf https://www.philadelphiafed.org/-/media/research-and-data/pu...