3 ms·
Thanks for the links. Looks like you're right, interest is not considered consumption. What is included is rent, or for owner-occupied residences, the "owners
by skzv 6y ago
Thanks for the links.
Looks like you're right, interest is not considered consumption.
What is included is rent, or for owner-occupied residences, the "owners’ equivalent rent" - the figure which would be charged if the owner rented it out?
- em500 6y agoYes, OER is just asking owners "If someone were to rent your home today, how much do you think it would rent for monthly, unfurnished and without utilities?"