> but the CPI covers both owners equivalent rent (if you owned your house) and rent (if you rent)? The hypothesis is that folks have dropped out of the rental

> but the CPI covers both owners equivalent rent (if you owned your house) and rent (if you rent)? The hypothesis is that folks have dropped out of the rental market as well (e.g. rents have hit a threshold that's caused people to live with parents longer or even become homeless. I don't think that would be captured in CPI