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My understanding is that the basket is based on what consumers actually spend their dollars on. Maybe there's a better way to do it, but I'm not sure what that
by amanaplanacanal 5y ago
My understanding is that the basket is based on what consumers actually spend their dollars on. Maybe there's a better way to do it, but I'm not sure what that would be.
- neural_thing 5y agoGetting rid of hedonic adjustment and dropping the "owner rent equivalent" in favor of actual rent/housing prices is a start