4 ms·
>> how exactly do you propose the CPI is manipulated One way is OER, aka Owners Equivalent Rent. Great article https://wolfstreet.com/2021/03/11/house-price-i
by another_comment 6y ago
>> how exactly do you propose the CPI is manipulated
One way is OER, aka Owners Equivalent Rent. Great article https://wolfstreet.com/2021/03/11/house-price-inflation-in-cpi-is-of-course-baloney-but-it-accounts-for-1-4-of-total-cpi/ https://wolfstreet.com/2021/03/11/house-price-inflation-in-c...
(look at that graph half way down).
Another way is "hedonic adjustments".
https://www.economicshelp.org/blog/603/inflation/hedonics-and-inflation/ https://www.economicshelp.org/blog/603/inflation/hedonics-an...
- supertrope 6y agoHow Owners Equivalent Rent is calculated: https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-and-rent.pdf https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-an...