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One person's "asset appreciation" on real estate is another person's inflation of housing costs.
by tom_mellior 5y ago
One person's "asset appreciation" on real estate is another person's inflation of housing costs.
- bildung 5y agoHousing is part of the CPI https://www.bls.gov/cpi/factsheets/ https://www.bls.gov/cpi/factsheets/
- tom_mellior 5y agoYes. That was my point: House owners' assets "appreciate" by inflating non-owners' prices.