Taken into account; see the BLS.gov link. * https://awealthofcommonsense.com/2020/07/mortgage-rates-are-insanely-low/ https://awealthofcommonsense.com/2020/07/

Taken into account; see the BLS.gov link. * https://awealthofcommonsense.com/2020/07/mortgage-rates-are-insanely-low/ https://awealthofcommonsense.com/2020/07/mortgage-rates-are-... Some places have negative mortgage rates: * https://www.theguardian.com/money/2019/aug/13/danish-bank-launches-worlds-first-negative-interest-rate-mortgage https://www.theguardian.com/money/2019/aug/13/danish-bank-la... Homes seem to have had consistent carrying costs over the decades, and that is what determines the CPI. Yes, prices have gone up, but (a) interest rates have dropped, and (b) people are getting a lot more housing for their money (e.g., (average) square footage up).