I’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 include

I’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...