Thanks for your time. Renting looks like simpler to estimate, but it confuses me as well. > Every month, the rental prices paid by the households in the sample

Thanks for your time. Renting looks like simpler to estimate, but it confuses me as well. > Every month, the rental prices paid by the households in the sample are compared with the rental prices they paid the previous month When rent control caps rent increases this becomes a lagging indicator. Why don't they try to estimate market rent? This feels similar to my problem with the owner cost estimate. Consider a hypothetical about cars - in a world where everyone buys new cars with 8 years of financing, suddenly there is a car shortage (chips or whatever). The price of a new car doubles. As very few owners need to buy a new car every year, on average their costs are about the same as last year despite a 100% increase in the cost of a new car.