3 ms·
Housing prices weren't included
by jbverschoor 5y ago
Housing prices weren't included
- 542458 5y agoI’m not sure what that has do with my comment. But it’s also false, at least for the “official” CPI numbers in the US. 31.8% of the CPI is shelter. This includes rent and home purchases (calculated as owner equivalent rent which is basically mortgage + cost of ownership), but excludes renovations and investment purchases. https://arbor.com/blog/how-does-rent-factor-into-the-consumer-price-index-cpi/ https://arbor.com/blog/how-does-rent-factor-into-the-consume...